$BTC
BTC
95,571
-0.70%
The 88–90k liquidity zone is getting heavier by the hour.
More and more leveraged longs are opening, and liquidations in that same range continue to increase.
All it takes is one negative headline for the market to unwind violently similar to what we saw on October 10.
I remain extremely bullish on Bitcoin long-term.
However, in the short term I am trading defensively: currently short with take profit at 90.5k.
DYOR