$BTC bear move

Entry =67.4k - 67.9k

Target = 64.9k

subject - BTC is now imbalanced and inefficient.

#1. There is buy side imbalance and sell side inefficiency in BTC market.

#2. Also report says 90% of BTC holders are now in profit. So do you think the price will continue to increase? I don't think so, if all people is in profit, who is gonna balance it? Do you think 90 to 10 is balanced? I say no, So market must correct this imbalance and inefficiency.

#3. Even the last seen bull run from 59k to 68k is to collect buyer to hit their SL. I think now it collected enough buyers or may little space remains.

This imbalance could cause the big crush on market

This bear move toward 64.9k may cause the crush or market will manipulate buyer by another bull move before crush.

Trade analysis not your wish.

Sorry am not here to fulfill your wish.

I'm here to analyze the market.

DKT view

Have a good $ mining.