Bitcoin - 100 Billion $ Historical Liquidations | ALL TIME HIGH!

10月28日

Bitcoin is only a very small step away from reaching a new all-time high. On the following chart, we can see high leverage liquidity from traders around the world.

The most liquidity is around 70k - 73k. Over 100 billion dollars are ready to be liquidated! How is this possible? Most people have their liquidation price exactly around this level on their short positions on futures. They believe the market will go down, but as you know, liquidity can be a very sweet spot for whales; of course they want all orders.

From a technical perspective, bitcoin is forming a bullish pennant, and we have a strong bullish Elliott Wave combo (impulse wave + zigzag wave (1+2)). Wave 3 is in progress.

Bitcoin will most likely experience a massive flash pump, now it depends on whales - will they take the liquidity for their sell orders or let it be to push the price higher? What do you think? Let me know in the comment section. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!

10月29日

交易進行

Bitcoin pumped from 68k to 72k almost by 5% ! Keep holding the position; the liquidity is being swept. Traders are liquidated.

10月29日

交易結束：目標達成

Bitcoin hit our first profit target and also almost hit an all-time high. Of course I still expect Bitcoin to hit the new ATH in the next few days!