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All moments › WARNING! MASSIVE BITCOIN SHORT Before FOMC | $60K Next or Massive Reversal?

Bitcoin breaks trend line, switches to bearish structure; discusses stop losses and liquidity.

From WARNING! MASSIVE BITCOIN SHORT Before FOMC | $60K Next or Massive Reversal? · jumps to 20:03 · speech

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Last night, boom, lower low, my goodness. And so now we're below the POC of the range. Now, why is this a big deal? This is a big deal because this is everything we've traded, guys, since February, the end of January, the beginning of February, the majority of the volume is now above us. All right, now, that being said, I do think that, that makes it probable now, that we continue to take this liquidity. We continue to stop on these lows. We've officially broken the trend line. We've officially switched into bearish market structure here. And there are a lot of stop losses below this low right here, which we didn't take. This low right here, which we didn't take. These lows right here, which we didn't take.
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