BTC 5-11 update ~
Bitcoin / Tether KUCOIN:BTCUSDT
good morning o/
(or late night)
if the cpi data comes back positive today,
i think there’s a very high likelihood of us seeing a massive short squeeze.
55k would be the upside target, on a full on expanded flat.
shared this scenario a few days ago view, check out the original thread 👇
ps. it can absolutely go the other way as well, so don’t throw in more than you are willing to risk.
~not financial advice, just a drawing 😎
