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Sammie Mccathern CXTR
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Sammie Mccathern CXTR
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#CEXvsDEX101 some people are scrolling my last posts where i told that $BTC will fall back to $105000 in worst case scenario $BTC will fall down to 102000 but overall now ready for bull run.
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$BTC aa$BTC Let me give you an example. One person goes long with 108,000, and another person goes short with 108,000. The liquidation price for the long position is 106,000, and the liquidation price for the short position is 110,000. If we say that there is a bullish market and the direction is upward, when it rises to 108,800 and the long position person exits, the price will continue to move towards 110,000 because the bulls are taking profits. There are no opposing orders below, and there is actually no pressure above, because the pressure is on the bears. There is no pressure to push the price up; only when it reaches the liquidation price or stop-loss price of the bears will the funds of the bears be released to subsidize a portion to the person who just went long. The remaining part goes to the exchange. Do you understand what I mean? In this trade, I exited halfway, and the price continued to rise. So with this logic, if you go back to trading, no matter how many short positions you enter during the bullish trend, they will all be buried before reaching the target price.$BTC
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