I found when BTCUSDLONG flew into space, while BTC rolled down by -65%
From April 2022 to January-February 2023, I had to wait, almost a year(
Proekt_73
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Players on Bitfinex are still accumulating long positions in BTC. This means it is still too early to expect a substantial price increase. Yes, we continue to expect it, rather than a bearish market for BTC.
Players on Bitfinex are the very guys who were accumulating longs from April 2024 to, with breaks, mid-October 2024. And they unloaded them by the end of December.
They are accumulating longs at a wild pace, better than in June-July 2024. Based on last year's history, you can't call it bad money.
As promised, we set an alert for this chart transitioning into a downtrend according to our indicator. Based on history, this will occur after the initial significant impulse. And it will confirm its validity.
In the chat today, we already mentioned that the price of #BTC on the weekly timeframe this week is extremely important not to close below approximately $77,000. Otherwise, it will transition into a stable downtrend according to our indicator on this timeframe. And it is usually difficult to get out of such a situation quickly. Many altcoins, based on last week’s results, have transitioned. We will show you part of it in the next post.
Players on Bitfinex are the very guys who were accumulating longs from April 2024 to, with breaks, mid-October 2024. And they unloaded them by the end of December.
They are accumulating longs at a wild pace, better than in June-July 2024. Based on last year's history, you can't call it bad money.
As promised, we set an alert for this chart transitioning into a downtrend according to our indicator. Based on history, this will occur after the initial significant impulse. And it will confirm its validity.
In the chat today, we already mentioned that the price of #BTC on the weekly timeframe this week is extremely important not to close below approximately $77,000. Otherwise, it will transition into a stable downtrend according to our indicator on this timeframe. And it is usually difficult to get out of such a situation quickly. Many altcoins, based on last week’s results, have transitioned. We will show you part of it in the next post.
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BTC
95,693.76
+0.83%
