The fall continues
- Today, the BTC dropped below the 20,000 mark. On the chart 1, you can see that panic selling and increasing number of short positions is going on now. In the nearest future there might be some rebound, but I wouldn't count on it.
- The picture of liquidations is also disappointing, for the last 24 hours 119 700 traders were liquidated, the total amount of liquidations was 373.85 million dollars. Most of them are longists.
- But the amazing thing is that the alt-season index remains high (94) and the fear and greed index is at 28. It feels as if people are beginning to believe in the bottom of the market and the alt-season.
