C
Crypto_torty
@crypto_torty
Over the past few hours, we've seen a sharp decline. It's a shame I wasn't able to open a short position. Based on the chart, I think we could drop to the 61300 level, but that's far from guaranteed. For now, I'm not chasing FOMO. Instead, I'll look for a bounce. If we reach the 61300 zone, I'll open a long bitcoin:native on @liquidtrading. A relief bounce is very likely, but that doesn't necessarily mean the downtrend is over. We could easily continue lower afterward. Over the past 4 hours, $155.48M in long positions has been liquidated. Bitcoin has fallen below 63000, its lowest level in two weeks.
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