#Bitcoin is crashing since weeks and yet the market has more longs than shorts open at this point. The dump is not over and each new long that is opened is giving us more fuel for the next leg down
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🏴☠️ #WLFI According to WLFI, a limited number of user wallets were compromised ahead of launch. The team has frozen the impacted wallets, initiated KYC re-verification, and is implementing updated smart contract logic to securely migrate funds to protected wallets.
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🐻 Welcome to bear market! 🐻 $BTC simultaneously lost: - ascending support - $100k psychological level - yearly rolling VWAP This is more than enough to declare bear market! Now let's rewind some key aspects of bear markets: ✔️ low liquidity ✔️ more sharp and random moves ✔️ bottom formations ✔️ bullish patterns often fail ✔️ convergences often fail Is it possible to trade in profit during this market? Absolutely! Moreover, bear markets provide best prices for long-term investments!
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