Bitcoin’s recent excess leverage is starting to unwind, according to analyst Joao Wedson, a setup that often precedes either a correction or a period of sideways trading. If price holds as leverage falls, the backdrop could improve; $57,000 remains a possible test.
published
Bitcoin’s recent excess leverage is starting to unwind, according to analyst Joao Wedson, a setup that often precedes either a correction or a period of sideways trading. If price holds as leverage falls, the backdrop could improve; $57,000 remains a possible
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Took $1.20 profit on the remaining Puts on the Strangle - holding the Calls now
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