CdeCripto wrote that Bitcoin had fallen to $80,900 after very high selling pressure on Binance and Coinbase. He described the movement as filled with short positions and market sales from the spot market, and stated that the order book was heavily skewed towards buys, which protected the $80,000 level. The author said he expected a decline sooner or later, although not before Bitcoin reached $87,000, a level at which he considered opening short positions. He also noted that many wanted to buy Bitcoin and altcoins at that price and maintained that, in his opinion, the time to buy and open long positions was then, not at the peak. He added that he was building significant long positions in USDT and cycle long positions with low leverage and caution, and stated that the situation was not the end of the world. #Bitcoin #Criptomonedas #Trading (translated)
