What Next for $BTC
We saw a God candle for $BTC to 64,400, this move is currently showing strength, but could we short it is the real question??
According to our trade methodology, it was a straight long from 62670, however here are my concerns:
OI is back to critical levels(this is for sure late longs apeing in)
Funding is at the highest level since $66k(supporting the late long thesis)
This rally was fuelled by shorts getting squeezed
This pump happened on a Sunday(USA timezone)
We left the $57k liquidity area untapped on the previous down(meaning it's still there for the taking)
I do have a short setup Idea I will share with you'll, lets look at this move as Asia being generous.
#Bitcoin #Bitcoin Price Prediction: What is Bitcoins next move?# #MicroStrategy
