#bitcoinrebounds
bitcoinrebounds
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$BTC If we see an upward move today—on #Bitcoin and the majors—we should prepare for the next leg of the decline.
There are only two weeks left until the end of Q2.
As a reminder, the 6-month futures contract #Binance $BTCUSDT QTLY 0626 expires on the 26th of this month. Open interest is gradually declining here—in other words, positions are being closed, and I assume shorts opened in March of this year—which could drag the price down to the next low at 49-47k.
#BitcoinRebounds
There are only two weeks left until the end of Q2.
As a reminder, the 6-month futures contract #Binance $BTCUSDT QTLY 0626 expires on the 26th of this month. Open interest is gradually declining here—in other words, positions are being closed, and I assume shorts opened in March of this year—which could drag the price down to the next low at 49-47k.
#BitcoinRebounds
The market is not looking good for trades so far, some coins showing trade signals but think keep patient and no trade is also a trade. Keep eyes on News.
#BitcoinRebounds $BTC
#BitcoinRebounds $BTC
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