This weekend OI went up back to before the dump over the last two days.It's not even Monday. It's $600,000,000 in Bitcoin long positions.
Smart money knows it's a bull market nothing else to say. Who else has a billion dollars laying around on a weekend?
>>58697823Me.
>>58697823Even at 10x leverage and with retail thrown in, that's like 60M in collateral. This has been cooking all weekend. Whatever comes next is going to be explosive as fuck.
>>58697796If it closes below 62,432 on July 4th then it will close below 61,500 on the 12th and enter a two year bear market that will last until around august ‘26 with a target around 16,400ish.
A lot of people are going to get shaken out of their positions over the course of the next two weeks.
>>58697930bold claim anon
