1. As you can see on the Bitcoin rainbow map of risks of mass sales/purchases, we are in the buying zone and we are still very far from the upper - dangerous border.
So the whole cycle of unstoppable growth is still ahead or there will be no bullrun?😐
2. Looking at the balance of bitcoin on the exchanges (picture 2) it becomes clear that the balance is at a historical minimum - everyone is withdrawing bitcoins to wallets.
What does the price increase have to do with it?
Less supply of coins on exchanges -> easier to move the price. Large players will need less funds to move the price in the direction they need, which means you need to prepare for deep drawdowns that will be instantly bought out.
Is it true that there won't be an alt season?😳
3. The balance of USDT on wallets in the Ethereum network is off the charts and continues to grow. Tether prints and prints billions. Those who have read our posts know that after the growth of Bitcoin, Ethereum grows next - we do not see a change in this trend. 😏
We do not exclude local market drains due to various manipulations, because we need to shave the casino players. We advise you to put a bucket under, because such drawdowns will be instantly bought out.
And one more thing.
You and I have been putting up with the bear for several years and we didn’t buy it in order to get some x3.
May the iron balls be with you.
