In this video, we analyze the current Bitcoin price action and discuss why the $55k target for this pullback might not hold, using hash ribbons and open leverage position liquidity as key data sources. We'll explore the potential risks of heading toward $55k too quickly and what it could mean for future price movements.
🔥𝗟𝗲𝗮𝗿𝗻 𝘁𝗼 𝗧𝗿𝗮𝗱𝗲 𝘄𝗶𝘁𝗵 𝗔𝗻𝗻𝗶𝗶 (𝗧𝗿𝗮𝗱𝗲 𝗧𝗿𝗮𝘃𝗲𝗹 𝗖𝗵𝗶𝗹𝗹)
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Chapters
👉 0:00 Intro
👉 1:00 The 4 Financial Players You Need to Know About
👉 1:26 Bitcoin Miners Role in the Crypto Ecosystem
👉 2:44 The Bitcoin Hash Ribbons Explained
👉 4:04 Bitcoins Current High Liquidation Levels
👉 8:32 Where Spot Traders Are Buying the Dip👉 9:22 Why We Might See Lower than $55,000 for BTC👉 10:57 Bitget 200 USDT Futures Bonus
👉 11:38 Does This Mean the Bull Market Is Over?
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Disclaimer:
I am not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how any financial information relates to your unique circumstances.
I am not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this channel. There are no guarantees or certainties in trading. Remember to do your own research before making a financial decision involving cryptocurrencies.
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