Back down to 63k to liquidate the over leveraged new longs and then we go to 100k+ to liquidate the insane amount of short positions. I don’t make the rules. CZ the Binance chink does.
>>61823008Long term liquidations. Shorts are 15x more than longs on s bigger scale.
>>61823008I fucking pooorfag levniggers
>baggies still thinking we are going back to 100Kkeklisten to me nigger, when we hit 35K make sure to market sell your stack before killing yourself so i can buy back what i sold you at 120K
>>61823008But then it hovers at 63k and tards start opening their 100x longs liquidated at 62k and so forth
>>61823017Its 70m vs 28BILLIONS thatts not 15x
>market Akers trying to signal to join their game of musical chairs Lmfao. Its funnier to watch the "whales" desperately grasp for liquidity in a dead abandoned market of baggies
>>61823008Btw, ethbtc is a better indicator than this, when its getting rejected like now multiple times on the daily at 03 you just know it ll pull down this whole shit
>>61823008>liquidations isn't the only thing to set price. Projecting.
>>61823027Learn to read a chart, jeet.
>>61823008Funding rates have been very negative lately which means more shorts are stacking and pushing the price down on futures markets.You're looking at the wrong map. There are way more shorts and there is no reason for Binance to liquidate longs, because Binance themselves are the ones who longed at 60k.
>>61823025Like I said, I don’t make the rules. Price always moves towards most liquidations. The only way we go to 35k is if people start opening more long positions than shorts
>>61823104it isn't but literally nothing has changed about bitcoin. The entire reason for this recent price collapse was purely cascading over-leveraged longs being liquidated.
>>61823026Yup people have been calling for it to hit 100k to hit shortfags but it just keeps killing all the new longs that open off a small bounce.
>>61823008mongoloid thinking
>>61823008>TA fags are evolving
>>61823008>chinese guy piss snake in the cokelike pottery