$BTC
117 hasn't stabilized, testing 116, James got liquidated at 1155.
Now if it rebounds upwards but can't hold 117,
then it looks like it will continue to drop, liquidating James again.
Also, there's a futures gap at 1145,
which is likely to be filled together.
$BTC
Currently making a raid upwards, after liquidating 20 million in short positions,
quickly retraced down.
Here, 117 is key, because this is where the European and American sessions opened with a consolidation phase.
If it breaks down here, be cautious of a continued drop, 116 ob might need to be tested again.
If it holds above without breaking, then it can continue to rise.
5.17K
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