The whales are manipulating the market, the anchovies are in a state of panic.
Yesterday morning was a surprise, BTC fell quickly to $63,584, whales were at play and the anchovies panicked. Yesterday when the price fell sharply there were several Whales who managed to collect thousands of BTC on the Binance market.
When this post was made, BTC was trading at around $64,527. I suggest there is no need to panic, this price reduction is a golden opportunity to buy at a discount.
If we look at BTC on the 4-hour Time Frame, it is clear that BTC is at a support point and is trying to climb back to the nearest resistance, namely $66,200, if BTC can penetrate it it will go towards the next resistance at $68,210. And if BTC is able to maintain this position then we will soon see BTC at $70k-$71k again.
What do you think? Please leave a comment below 👇👇👇
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