Crypto twitter has collectively lost it's mind as $BTC trades *checks notes* less than 3% below the range lows that we've been watching. Those untapped lower highs are not going to magically disappear and with this structure it makes zero sense to be positioning for downside here (unless you're already positioned from higher up or are using a very tight stop). Was vocally bearish at high 80k's when most weren't, and now for me personally focus is on the next move higher, not whatever little downside bears are able to squeeze out of panic sellers at these levels.
CrediBULL CryptoShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.