BTC
So, after almost 1 month or so that i published about BTC drop, i think that the target that i called was reached, but not fully.
Big guys are playing around with two reasons
1-st: they will buy much more with a very cheaper price, even with the money they are shorting it.
2 -nd: behind this is to clean the shitty scam coins and retails that are sending the money into the short term projects that are running mostly in Solana chain.
If you see the volume in Weekly tf, you will realize that there is lots of buy pressure, this is the greed to buy and the fear that if don't buy now maybe the price will go up and they miss it.
After having this every day government news about buying bitcoins as their digital reserves the scarcity of btc is going higher, with so many locked wallets, so many states locking btc and so many whales which are buying everyday, if they will push btc to the levels marked it will give them a big fortune and possibility to buy that cheap, a price that maybe it will not ever come to play again.
try to keep out these days, maybe by Tuesday of Thursday, or maybe even tomorrow, there could happen a flash crash of the market.
Big guys are playing around with two reasons
1-st: they will buy much more with a very cheaper price, even with the money they are shorting it.
2 -nd: behind this is to clean the shitty scam coins and retails that are sending the money into the short term projects that are running mostly in Solana chain.
If you see the volume in Weekly tf, you will realize that there is lots of buy pressure, this is the greed to buy and the fear that if don't buy now maybe the price will go up and they miss it.
After having this every day government news about buying bitcoins as their digital reserves the scarcity of btc is going higher, with so many locked wallets, so many states locking btc and so many whales which are buying everyday, if they will push btc to the levels marked it will give them a big fortune and possibility to buy that cheap, a price that maybe it will not ever come to play again.
try to keep out these days, maybe by Tuesday of Thursday, or maybe even tomorrow, there could happen a flash crash of the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.