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UPDATE MARKET TODAY 📣📣
Bitcoin is currently trading near its $82,000 support level, after previously testing highs of $82,500. The volume seems to be decreasing, especially as Bitcoin tests its current price levels. This suggests weak buying pressure, and Bitcoin may be facing some consolidation or potential downward movement.
♾ Support: $82,000
♾ Resistance: $82,500
⭐️ Watch for Breakouts: If Bitcoin breaks above $82,500, it could signal a bullish continuation, and the short position would be invalidated. On the other hand, failure to hold $82,000 support could result in a downtrend towards $81,500 or lower.
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🪙It looks like BTC will test the $78,000 level again. If it doesn't hold, we'll see a drop to $75,000. Getting into the $70-75k range will be very tough due to the high volume of options.
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BREAKING:🚨
THE BITCOIN INSIDER WHALE THAT MADE $7.5 MILLION IS NOW SHORTING AGAIN..🥺🥺🥺
DO WE NEED TO BE WORRIED????
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BREAKING:🚨 $620,000,000 WORTH OF $CRYPTO POSITIONS WERE LIQUIDATED IN THE LAST 24 HOURS!!!!
ByBit USDT, KuCoin Futures
#XMR/USDT Take-Profit target 3 ✅
Profit: 85.3138% 📈
Period: 1 Days 16 Hours 28 Minutes ⏰
In any case, the whales who wait patiently with their bid orders stuff themselves with fresh corn.
150 BTC liquidated in longs on derivatives in 1 hour. That's why price is going down with almost no spot volume.
I don't know if it does you any good to hear it, but the professional traders on Wall Street are in as much pain as you are these days. So breathe.
But, TSL is down 50%. NVDA like 30%. NASDAQ and S&P500 are both down by a lot.
