BTC too many good news bad for retail
Updated
Retail gonna be Fckt again
there is too many good news, its always bad. when there is too many good news SELL and when there is a lot of bad news BUY, thats how big players play, thats why they know when to sell at top and when to buy at bottom
4hr RSI bearish divergence and overheated
volumes dropping, rising without volume
and this time round margin trading pushing price down, which means people are stocking up on shorts,
something bad coming, historicaly its repeating the cycle of bitcoin, and it was supposed to fall from 52k and then rise, 48.5k is good level in order to fall again. same thing like it did in every bull run if you take the whole cycle
good luck
not financial advice
there is too many good news, its always bad. when there is too many good news SELL and when there is a lot of bad news BUY, thats how big players play, thats why they know when to sell at top and when to buy at bottom
4hr RSI bearish divergence and overheated
volumes dropping, rising without volume
and this time round margin trading pushing price down, which means people are stocking up on shorts,
something bad coming, historicaly its repeating the cycle of bitcoin, and it was supposed to fall from 52k and then rise, 48.5k is good level in order to fall again. same thing like it did in every bull run if you take the whole cycle
good luck
not financial advice
Note
see analysis below for my possible moves that i drew out, moving exactly as predicted, but got to move the arrows to the left to see it, took longer to do thatNote
also noticed wallets from 10000+ bitcoins rose from 2,102,000 to 2,129,000 and now at price of 48k it dropped from 2,129,000 back to 2,107,000 so they cashed out againNote
they rose from price of 43.5k
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