SHORT CLEANING & YEARLY CANDLE CONFIRMATION?
Last 24 Hours: 📊
Bears are betting that Bitcoin will not surpass $92,000 by the end of the year.
Let's check some on-chain data:
Liquidity Trap: When BTC reaches $94,000, over $5 billion in short positions will enter the danger zone.
Selling Pressure Exhaustion:
Sellers targeting tax-related sell-offs have already exited entirely between December 26 and 28.
Yearly 'Candlestick' Scenario:
In the past 4 years, there were 3 bullish candles and 1 bearish candle, but are market makers trying to break this pattern?
That said, I believe that Bitcoin will strongly rebound to $100,000 right at the start of the new year.📈🚀
