you see the long GREEN line? Whales are BUYING in bulk and accumulating, while you 😨, and everyone is waiting for btc 80k which will never come. Alladin from blackrock😭

We have just seen an attempt from $BTC to break past 95K but failed and now it’s back to the 94K zone. 👀🤔

Bitcoin is in a critical position especially with Nasdaq also in a critical market closing position at around the 21500 zone, if you remember my post about Nasdaq, it’s almost close to one of its biggest support zones which is the 21400 or 21480 to be exact, if this zone is broken for Nasdaq and it does go below it, we will see a crash in the US market again especially with the year coming to an end, which means Bitcoin will follow the same route, and with Bitcoin stuck at 94K, we may see it drop below 93K if Nasdaq keeps dropping on Monday and Tuesday.

We haven’t seen any moves from Bitcoin on weekends and holidays especially when the stock market is closed.

And lately we’ve been seeing Bitcoin failing to hold the 98K zone for few hours, whenever we see Bitcoin on 98K, it tries to push higher to 100K but always stops at around 99500 and loses all that momentum all the way back to 95K, if we want to see Bitcoin going to 103K we need to hold the 98K zone and stay above it for a while to accumulate a push towards 103K, other than that, Bitcoin will always fall back to 95K.

I’d love to see Bitcoin move a bit higher this weekend to at least the 97K zone so incase of a crash coming in US stocks, we could see Bitcoin just dropping to 93K-94K and staying above it to be safe and ready for the new year, but if it stays in this critical 94K zone, it may be bad for the market especially that we haven’t seen any big volumes on Bitcoin so far and a crash could push the price down a lot since we haven’t noticed any big support in the 93K zone.

I’d like to share more insights and info about the current situation, but I hope I have shared enough and explained this in an easy way for everyone to understand! 🙏🏻