Liquidation Clusters

Bitcoin / TetherUS BINANCE:BTCUSDT

bowtrix

The price looks like it might decide to take one little sweep lower, and liquidate the rest of the longs. There are a LOT more shorts than longs, and a lot of other reasons why I am bullish here, so I will not short this, I will only wait to get a fill on my long. It’s possible that the bottom is already in, but that would require the Market Makers leaving Free Money on the table.

Think for a moment. Who gives up free money? I wouldn’t. I would take it. So will they, probably.

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