Post
CRYPTO MECHANIC
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People pay way too much attention to liquidity heat maps. Since Bitcoin started going down, analysts keep saying things like “this many billions will be liquidated if Bitcoin goes to $112k” or “this much will be liquidated if it goes to $100k.” And those numbers keep changing as the price continues to move lower.
The data changes as price goes up or down, so there’s no need to obsess over where liquidations are. I’ve said this countless times: crypto is a trending market. When a trend starts, it usually continues. It doesn’t care about your overbought or oversold RSI. It doesn’t care about your 10, 20, 50, 100, or 200 moving averages.
Don’t complicate it. Keep it simple and go with the flow.
The data changes as price goes up or down, so there’s no need to obsess over where liquidations are. I’ve said this countless times: crypto is a trending market. When a trend starts, it usually continues. It doesn’t care about your overbought or oversold RSI. It doesn’t care about your 10, 20, 50, 100, or 200 moving averages.
Don’t complicate it. Keep it simple and go with the flow.
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