#MarketCorrectionBuyOrHODL
BTC did ATH at 108k , then retrace to 99k
Its dominance is remain at 57% , but we see drop in ETH dominance at 12.54 from 17% aprx, total market cap of crypto has dropped from 3.75 trillions to 3.54
There’s a lot of fluctuations, but still there’s a mark for big liquidity at 111,111 $BTC if it hits 2.1 billion of liquidation will hit, and whales and institutional investor always hits liquidity for there profits, also if this mark achieves, we could see an huge pull back or say proper correction in the market 25-30% atleast, because soo many inactive wallets has been recently become active and there’s movement in exchanges, also to remember avg BTC buying price for old money and whales who is holding for long averages around 30k ! So we could see there profit booking when price reach 111k, its going to be massive, a new record in many sense will be created, could it happen before Christmas or new year!!
Let’s see happy trading