#BTC, although we didn't have many reasons for the decline to continue, it still seems to me that no one wants to catch this falling knife.
Today's economic data was mixed and despite that we didn't have any major excitement across the market, on the contrary... it caused even more weight on Friday's data, see that I'm not getting into the merits of what is most important or not today, just the fact that there wasn't a complete failure after yesterday, we should have had some positive reaction here, but the big reality is that many were liquidated in perps and many others are stuck in spot, so all that's left are the big whales who buy one project or another more directly.
The BULLS effectively defend the green region on the chart, and although the Horsemen of the Apocalypse are here AGAIN, I think they will make a mistake again.
Look at the pessimism and pain throughout the market, the masses that used to shout up, now kick the table and call down with unrealistic numbers, they do this because they are upset and want to show it through anger, it is understandable to a certain extent. However, large investors continue to buy good projects that in the midst of the chaos are still positive today.
The Bears are arrogant here, and they forget that they are above $73K which was their stronghold. We are still in a price discovery and at this point any arrogance here will be fatal for them... Don't be surprised if we start printing a good rise soon, remember: THE CROWD IS ALWAYS WRONG!
I won't go into too many details, the plan is simple:
THE GREEN RANGE IS SUPPORT and the prices working there, the large holders will directly interfere in the game and send us back up and we will certainly go to $105k, don't doubt it, after all, we did exactly that last time.
The PayRoll should be the trigger!
SEND!
* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.
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