Possible price action if they hold 5.9k
hace 3 minutos
Too many shorts at this point after such a strong bearish movement in the last few days. Dropping more would be the beginning of capitulation to 4k area, which is expected to happen sooner or later. Shorts could easily get squeezed here before continuing downwards.
Too many shorts at this point after such a strong bearish movement in the last few days. Dropping more would be the beginning of capitulation to 4k area, which is expected to happen sooner or later. Shorts could easily get squeezed here before continuing downwards.
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