Little thread about why I think the bottom is likely in 👇

#crypto
1. Open interest went down with the price. This means that longs have been liquidated or that they have closed their positions, which is healthy for the bullish trend.
1. Open interest went down with the price. This means that longs have been liquidated or that they have closed their positions, which is healthy for the bullish trend.
1. Open interest went down with the price. This means that longs have been liquidated or that they have closed their positions, which is healthy for the bullish trend.
2. $BTC RSI has been reset on all timeframes, forming hidden bullish divergences on high timeframes.
3. $ETH and many altcoins have bounced from the golden zone, and they have also formed hidden bullish divergences.
4. Fear & greed index have dropped to 40 (fear). We haven't seen these levels since May or September, when price was $9k-$10k.
5. Funding is now neutral/negative in most of the market. High leveraged longs have been cleaned.
5. Funding is now neutral/negative in most of the market. High leveraged longs have been cleaned.
5. Funding is now neutral/negative in most of the market. High leveraged longs have been cleaned.
6. Heatmaps look bullish across all the exchanges. Demand is there, and it will turn aggressive once the price starts to go up.
6. Heatmaps look bullish across all the exchanges. Demand is there, and it will turn aggressive once the price starts to go up.
6. Heatmaps look bullish across all the exchanges. Demand is there, and it will turn aggressive once the price starts to go up.
6. Heatmaps look bullish across all the exchanges. Demand is there, and it will turn aggressive once the price starts to go up.
6. Heatmaps look bullish across all the exchanges. Demand is there, and it will turn aggressive once the price starts to go up.
I haven't sold anything and I have reaccumulated everything I could in this great opportunity.

Let the bull market continue.
You can follow @CryptoCapo_.
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