

Sup crypto fam 🤝 After X gave me a little break, I'm back with a little $BTC update 🔥 After we reached old highs ~$112k, there was a small cooling off period. During this big bull flag, many short sellers gradually entered the market 📉 With every lower high that was formed afterwards, more and more short sellers entered the market. These have all placed their liquidation price above the highs 🏔️ These liquidations were all triggered by an explosive breakout to the upside. This is probably because when the first stops were triggered, further stops were triggered by them. This has led to a short squeeze 💥 At ~$123k we stopped just before the next liquidations. We are ranging at the moment . Maybe we'll get the liquidity above us before we take another dive. What do you think?










