We are reaching critical areas for the price of 
BTC, the ideal is to stay out of the market in these cases, both in BTC and in the rest of the cryptocurrencies.
And you wonder why? The dominance of BTC in the face of strong falls causes the rest of the tokens to collapse abruptly, which is why it is always better when liquidations are approaching to stay out of the market, since there are no Orders and SLs to hold.
Once the market is going to sweep away all the leveraged and SL that is when we come in, although we have a support zone at 87,000 - 86,000, I do not think it will hold and in my opinion, it will go directly to close the gap to 76k
BTC, the ideal is to stay out of the market in these cases, both in BTC and in the rest of the cryptocurrencies.And you wonder why? The dominance of BTC in the face of strong falls causes the rest of the tokens to collapse abruptly, which is why it is always better when liquidations are approaching to stay out of the market, since there are no Orders and SLs to hold.
Once the market is going to sweep away all the leveraged and SL that is when we come in, although we have a support zone at 87,000 - 86,000, I do not think it will hold and in my opinion, it will go directly to close the gap to 76k
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.