💎BTC: Heavy Buying Done By Institutions..
Hello Dear Traders,
In last post we discussed weekly candle analysis. last 2 weeks been great for institutions they are continuously buying every dip. accoutering to Crypto quant, institutions bought btc in 48k-60k range since February. approx. 154k bitcoins flowed out frm coinbase to multiple cold wallets.
Soon we may see series of announcements frm companies like facebook and major institutions.
Few hours ago when buyers here area tested we seen heavy buying pressure. last weekly low is 52900 area, i think btc will test again these levels.
51500-52500 area is great buying area.
In last post we discussed weekly candle analysis. last 2 weeks been great for institutions they are continuously buying every dip. accoutering to Crypto quant, institutions bought btc in 48k-60k range since February. approx. 154k bitcoins flowed out frm coinbase to multiple cold wallets.
Soon we may see series of announcements frm companies like facebook and major institutions.
Few hours ago when buyers here area tested we seen heavy buying pressure. last weekly low is 52900 area, i think btc will test again these levels.
51500-52500 area is great buying area.
Related publications
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.