This is the area where you'd want to become interested into buying #Bitcoin. The reason for this is that there's a lot of short liquidity ready to be taken, and there's only one…

Original source excerpt

This is the area where you'd want to become interested into buying #Bitcoin. The reason for this is that there's a lot of short liquidity ready to be taken, and there's only one obvious level yet for…

This is the area where you'd want to become interested into buying #Bitcoin. The reason for this is that there's a lot of short liquidity ready to be taken, and there's only one obvious level yet for the long side. If the markets are going to be volatile due to the midterms taking place today, you'd want to be bidding <$76,500 and <$75,000 as much as possible (is my strategy atleast). I wouldn't expect to see much of a continuation of this drawdown, as I'm more inclined to be buying into the thesis of 'Sell the rumor, Buy the News'.

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