$BTC The price has rolled down beautifully, leaving no gaps above and cooling greed. What a drop: bearish divergences on the timeframe, real belief in growth even among bears, numerous altcoin unlocks this week, a truce between Israel and Hezbollah.
What will support growth: the release of positive US GDP data and decreasing inflation data in Japan, inflows into ETFs, the adoption of crypto-regulatory laws in various countries (as it was in 2021).
Overall, look at these liquidations! Remember in mid-2023 exchanges complained about poor balances, low incomes, and activity. Now it's beautiful, in any direction - hundreds of billions! 🏄🏼♀️
As a result: many technical indicators suggest a prolonged correction, and then the month will still see super growth with a close above 70k; looking at the S&P 500 - we could drop over the weekend to 80k, touch 80-82k three times, small traders will sell off, and we could go over 100k, planting FOMO deeper.
Or maybe not 😈
