If you're planning to go long on this (scalp), I wouldn't recommend trying to catch a falling knife. In my opinion, it doesn't make sense to buy between support levels. Here are the support lines for #Bitcoin.

Most of the open interest that build up has been reset. Time to continue the bull market? #Bitcoin

Would be fun if we just started ranging again, right? #Bitcoin

Going into the CPI in 4 hours, we still have a high open interest from longs in this move up. If CPI=low, I don't think they have a problem. But if CPI=high, can see most of them getting stopped out on a large #Bitcoin dump. CPI is basically a coi

#Bitcoin above 30k. Just another 2.29x till we reach all time high. GM.