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Recently, when adding/reducing leveraged positions in Bitfinex Whale BTC spot trading resonated with the Overall LIQ, these were relatively good buy/sell points. Green Box: Adding to Bitfinex BTCUSD LONGS + Overall LIQ Green Bar Red Box: Reducing Bitfinex BTCUSD LONGS + Overall LIQ Negative Value Furthermore, yesterday when US stocks and gold both plummeted, BTC did not follow suit and break its low. Previously, BTC typically followed declines but not rises, but now the opposite is true, indicating a possible shift in the nature of buying pressure, with independent funds supporting the price. This rebound should not be over yet. After five consecutive months of decline in the bear market, a strong green candlestick in March is not unreasonable.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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