Just need to bust through $70k and the shorts take it in the shorts

in bitcoin •  2 months ago 

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:

image.png

(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.

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