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BTC still does not have a confirmed bottom.
At the $58,000 level there are more than $2 billion in buy orders. If we reach this level, it could trigger a hard cascading liquidation.
We’ve seen this before — on October 10, $19 billion was lost in a single day.
This is not FUD. It’s a warning.
Be careful. Don’t end up on the wrong side when the next wave hits.