$BTC dip on light volume, leveraged trades wiped out $150MWe mainly focus on the right side of the long vs shorts but let's look @ left side today, yes?
Longs were wiped out. Crumbled as can be seen by 1st pic.
In reality, who would leverage a BTC long here?
Back to the right side of the chart.
There's a tiny amount of shorts adding up.
#BTC volume is NOT heavy for such a dip, hmmm, curious.
Seems as if half that sell was gobbled up already.
Intraday #bitcoin = OVERSOLD