rortedXBT

BTC CAPITULATION

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Longs are currently outweighing shorts at 60/40 whilst price action continues to get rejected at key support areas. The descending triangle formed on BTCUSD could mean we see 8400 sooner than anticipated. I believe if we see 8000s again a lot of people will capitulate and then the real bull run will commence. Remember, the market makers want you to sell lower and buy higher. Best of luck out there.

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