#BTC has the adjustment finished yet?
The adjustment from 108k to 92k has actually cleared liquidity and caused BTC to adjust at least about 16k$BTC , which is approximately 15% (rounded).
This is also considered a real adjustment coinciding with the last FOMC meeting of 2024. So will the liquidity in the 86-85k range continue to be set up to clear after last night's rebound to 99k?
If there is a further sweep to 86.666, then #BTC will officially adjust by 20%. The inventory is still DCA, I believe MM will continue to tease to discourage hardcore holders, and also to set up for Trump's return to the White House.
Regarding 85k, DCA strongly, the wave will run into the second half of January 2025. Wishing those who are in early to reach the shore and profit!
