BTCUSDT Pump or Dump ?"Money has in fact been reaching Americans’ wallets since March 14, but the latest reports suggest that many will need to wait until at least Wednesday for their allocation."
"$60K meets the selling expectations of Whales"
Well not far fetched why the latest changes in BTC movement. Retailers rushed in, Whales doing business as usual . Though other whales are withdrawing to private wallets.
This Chart analysis will be as brief as possible.
15 mins - Golden cross active
45 mins - Death cross sighted
1 Hr . - Death cross in play, how much dance can it do, we will see
2 Hr . - Moving in this direction
4 Hr . - Death cross gap closing
1 Day - Well parabolic move already made, what is expected to follow, Correction?
Support at $57k already poked through
$56k area support struggling, We either see a bounce of this level, then bounce further back to $58k .
Or it breaks this level and head down route to hit next support level Red Zone further near $50k
Are we gonna retailer rush again on Wednesday and then BTC bullish mid-week , this will be interesting phenomena to watch as it unfolds. Whatever you do watch out for fakes moves or if they turn out to be real.
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