Roughly $2 billion worth of shorts get liquidated if we can break $70k
The line in the sand is drawn.
A lot of money does not want to see bitcoin go up and through $70k.
And you know that means...
It means that the price probably will do just that.
Here's the line we must break:
(Source: https://x.com/Ashcryptoreal/status/1839323972644839715/photo/1)
If we can break through this line of resistance we are going to fly.
There will be roughly $2 billion worth of buying forced to buy as price pushes higher.
That will push prices well past $70k very quickly.
The market loves to push for the most pain possible, and that is a $70k breach shortly.
nice
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