$BTC Coinbase: yo let me quickly liquidate everyone down to 22.5 before we bounce Fucking brutal scam market, ahahaha 😂

Imagine how salty CT would be if we bounce here and break 25k in the upcoming days. My whole feed is bearish af again.

Open Interest already coming down here. Short squeeze initiated.

There we go! We are back in the range. As expected lots of shorts got squeezed in the last 2 days.

CT got squeezed. Your favorite crypto influencer still thinks this is the biggest bull trap ever.

$BTC UPDATE The reason why I believe this is a Wyckoff reaccumulation range rather than a distribution range is: 1. UTAD is missing 2. Low volume on the downtrend 3. High volume at possible spring That said u never know before it happens. I guess we will know soon!

I got stopped out over night. Not interested in taking any position here anymore cause I think the market right now is heavily bot driven and you really can see this at the Open Interest profile on Binance. Longs and shorts getting chopped out. Better to stay away for a while.

$BTC UPDATE Longed here. Looks bouncy to me and if we can manage to get back into the range, a break of 25k is on the table again. Open Interest didn't drop a lot so I guess there are a lot of shorts sitting right above us.

Out again. $SPX ruining the party

Longed $BTC again at 22k. $SPX might bounce here as well. Let's see.

$BTC UPDATE We sweeped already the lows but Open Interest didn't dumped so I assume these are mostly aggressive shorts and so far they failed to pushed it lower. I believe we could easily run higher with that amount of fuel sitting above us. I am still long from 22k.

12hr $BTC UPDATE Looks like bears are totally exhausted here. Volume very low and declining troughout the range. I expect a bigger move very soon. Bullish divergence on MFI. OI shows potentialy a lot of shorts above us. Let's see if $SPX won't ruin the party again.

Long at 19.9k $BTC. Tight stop. Chart will follow later

$BTC UPDATE Was a bit late to the party with 19.9k cause I wasn't on the computer but when I came back and saw this spring I wanted to be immediately long. Huge volume so far at current sign of strength. Let's fucking go guys!

Stopped out in profit. Fuck u $SPX

1/ Part 2 of a breakdown into how TraderSZ XO TraderNJ Peta₿yte pump and dumped 6 figures of PAAL on their followers.