Bitcoin (BTCUSD) A correction down is coming.

1. Large amounts of underwater longs

2. Funding extremely high. Historically not very good.

3. Large shorts being filled, massive dumps that did not retrace. Sign of weakness

4. Support unable to bounce Bitcoin.

These are just my personal thoughts that I wanted to keep track of on tradingview.

Thanks for viewing!

Short term should go up from here.

Order storniert:

Things changed. Didn't update on time. I switched bull after consolidation above and sell cluster formed.

Trade wurde manuell geschlossen:

Short never entered