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DISCLAIMER post is taken from Doctor profit X page. Capitulation event. Market makers have decided to take action in response to the ongoing Mt. Gox and German selling news. People have started selling, and panic is rising. The box has been technically invalidated on the chart after lasting a year and providing great opportunities during this sideways period. I understand the panic, as #BTC is down 25% from its peak, but as someone who has been here for many years, I can tell you that the FUD we are witnessing right now is special. Special because of numbers, the amount of selling pressure is huge and we need to know the source for this selling. While the source of selling is clear (Mt Gox and Germans) The selling pressure is 100% artificial and mixed with the fear of retails. We also experienced the second-largest liquidation event in BTC history. The largest liquidation event happened during the FTX crash in 2022. The same type of capitulation event happened back then when Bitcoin moved sideways in a box for five months before breaking down, marking the ultimate capitulation event. I compare today's capitulation event to the one in 2022 when Bitcoin was at $18,000, moving sideways for five months before dropping 15% to $16,000, marking a new phase of market depression. I see the same pattern of market makers using the same psychological patterns here. I would even say that the market makers from the 2022 box formation and capitulation event are the same market makers involved in the current box and capitulation event. For me, these events are nothing more than great opportunities to accumulate more. The same people back then that caused fear and panic and mass liquidations are leaving their finger prints in the chart. Its the same strategy, the same MM that sent us to a new ATH afterwards and you know exactly what happened. Most people are losing hope right now, which is exactly what market makers want to see and cause. #bitcoin #btc $BTC
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Its time now to capitulate shorts with God's candle! #btc #MtGoxJulyRepayments $BTC $ETH $BNB
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It always happened and will happen again; before every bull run a capitulation event occurs. This is the one. All spot buys of AltscI am gonna keep. I see such events tvice in the past years. I panic sold 1st time and then understood the game plan. This is a massive opportunity, Id say the biggest opportunity to multiple X your portfolion in coming months. Stay strong, #Hodl #btc #bitcoin $BTC
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The worst time to quit crypto and sell all your holdings is RIGHT NOW. Do not be fooled by the news. #HOLD #HODL #Btc $BTC $ETH
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Come onnnnnnn, for every reasonable fall or rise of BTC you can always find the relevant news! SHOW ME THE CHARTS AND I WILL TELL YOU THE NEWS #BTC☀ #btc $BTC
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