James Wynn: Opens 40x BTC Long at $49.5K
James Wynn reopens 40x long on 0.6 BTC ($49.5K) with $79,536.29 liquidation after wipeout, while BTC trades at $80,947 amid bullish EMA structure.
SourceAnalysis
James Wynn reopened a 40x long on 0.6 BTC worth $49.5K with liquidation at $79,536.29 right after his prior position was wiped out, plus a tiny long on $CASHCAT.
Price sits at $80947.16 above both EMA50 at $77670.49 and EMA200 at $72176.71 in a bullish structure, yet RSI at 72.52 signals overbought conditions while the pair tests upper Bollinger resistance at $79803.96; a healthy retracement toward the 50-EMA support therefore looks probable before any continuation higher, shaping near-term BTC price prediction and Bitcoin trading strategy decisions.
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@lookonchainLooking for smartmoney onchain