This is the BTC liquidation chart.
In other words, it shows the volume of dollars that are guaranteeing the collateral, in the perpetual futures market,
In both directions:
In the SHORT direction and in the LONG direction.
In short, in the LONG direction, that is, in an increase in the value of BTC, there are about 100 million dollars.
In the SHORT direction, that is, betting on the fall in the value of BTC, there are about 5 BILLION dollars in this chart!
Now think and analyze with me:
What will the market do? That is, what will the big players and the big CEX Exchanges do?
They will logically liquidate this money that is leveraged and bet in the SHORT direction,
Causing the increase in the value of BTC.
That's how the market works!
Liquidating the volumes of LIQUIDITY available in the bettors' BETS. That's why so many people lose money in the Crypto world.
Don't be gamblers in the Crypto world!
Be true investors in the Crypto world.
Be HOLDERS, and you will be rich...
Luís Almeida - CEO VITRA BLOCKCHAIN