$BTC has closed 4 consecutive weeks in red.
Since 2011, Bitcoin has never closed 5 consecutive weekly candles in red during a bull run.
If BTC has really entered a bull run, this week must close in green. @btc
@bullrun @cryptotraders
$BTC shorts are aggressively entering now.
PCE data is coming in 2 hours, and a soft print will squeeze the hell out of these bears. @viralpost
Spot has been bidding $BTC for 3 days now.
Yet, BTC isn't rallying because of heavy shorting on perps.
I think this is due to uncertainty around FOMC and US midterm elections, and once resolved, we could see a nice uptrend.
$BTC leverage wipeout has started.
Most of them are shorts, which means the pump could continue.
$ETH tapped the $2,350-$$2,360 support zone and is now bouncing back.
Overall momentum is still weak for Ethereum and it won't change until it reclaims $2,550.
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