Everyone wants to short $BTC at $82k–84k zone. If price actually wants to go down, the market will likely front-run those positions. And if price does reach that zone, I wouldn’t be surprised to see a squeeze higher instead. They are the same people who were waiting for the lower prices to buy when Bitcoin was trading around $65k
Everyone wants to short $BTC at $82k–84k zone. If price actually wants to go down, the market will likely front-run those positions. And if price does reach that zone, I wouldn’t be surprised to see a squeeze higher instead. They are the same people who were waiting for the lower prices to buy when Bitcoin was trading around $65k
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