๐จ BTC IS HEADING FOR A DEAD CAT BOUNCE AT BEST
Check out these stats because they paint a tricky scenario for the bulls ๐ and hit the yellow box for more
The retail money flow is almost maxed out at #long , suggesting that many in CT are buying the dip at #Dip
Volume is surging at #PERPS during the drop, indicating that folks are trying to nail the perfect bottom
Meanwhile, volume at #Spot keeps decreasing as the #ballenas continues to short
When you put all this together, you've got the perfect recipe for a disaster
Whales are letting the retail longs pile up so they can flush them down the toilet, whether it's today or this weekend
Do you think we'll see a temporary bounce or are we really continuing to drop hard this weekend?
Let me know what you think below ๐
Check out these stats because they paint a tricky scenario for the bulls ๐ and hit the yellow box for more
The retail money flow is almost maxed out at #long , suggesting that many in CT are buying the dip at #Dip
Volume is surging at #PERPS during the drop, indicating that folks are trying to nail the perfect bottom
Meanwhile, volume at #Spot keeps decreasing as the #ballenas continues to short
When you put all this together, you've got the perfect recipe for a disaster
Whales are letting the retail longs pile up so they can flush them down the toilet, whether it's today or this weekend
Do you think we'll see a temporary bounce or are we really continuing to drop hard this weekend?
Let me know what you think below ๐