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Liquidity collection almost done
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It almost appears like calm before a storm. Watch out
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As per BTC is concerned, today short sellers positions are almost liquidated all around the park. Going ahead it will not be easy to climb towards 100k near terms until hype of Trump inauguration. But bigger question is BTC belongs to corporates now.. They can manipulate anytime as they created supply shock.
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Bitcoin going up without respecting resistance while altcoins barely moving is one of the examples why monopoly is a bad thing for retail investors. When centralised big pocket guys enters the market that's the end of decentralisation. Crypto community should move away from bitcoin for sustenance.
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Be prepared to see market going down significantly in next few months. Rich and big guys are mostly democrats lenient and they will not care stock prices in some months to come..But before that we might reach around 80k in short term but long term will be not that good for crypto market.
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One of the important things that need to be reminded to retail traders is that if Harris win bitcoin will go back to 20k sub, while Trump victory will shortly push towards 100k. Either way crypto industry is going to change direction of uncertainty. Crypto bros should have remained neutral instead of trying to turn decentralised nature to centralized business by supporting political parties. Pretty bad days ahead
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