BTC just shifted to a bullish momentum with daily engulfing candle, break of HTF trendline and W formation.
Also there are a high number of shorts if you check the Binance futures trading platform statistics.
This means we will likely see a huge short squeeze to retest next supply zone which is at $46,700.
Also there are a high number of shorts if you check the Binance futures trading platform statistics.
This means we will likely see a huge short squeeze to retest next supply zone which is at $46,700.
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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.