DickDandy

BTC - Analyzing Futures Long Stop Losses

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PHEMEX:BTCUSDT   BTC / USDT Spot Trading Pair
What impact does futures have on the price of bitcoin? These red order blocks are long position stop losses. Leveraged sized sell orders that move the price by the entire leveraged position size or long orders. See how there are virtually no gaps at all in between these order blocks - which should transpire is a lightning fast chain reaction as these orders get triggered - one into the next and so on, landing us with a drop of high velocity and distance.
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