26 of December i made post which is below đ in pictures
BTC touched 49k and dumped very hard even ETF listing is not helping, So this gives me reason to think đ§ đ€ đ that we entered in correction targets are mentioned below in picture, from that targets BTC already reached first target.
Third picture is gives me more reason that I think we already are In correction, BTC forms W pattern and now by this pattern should be tested support and if retest will be successfully finished then will be new đ side wave.
This is what I see by technical analysis, but there is another thing which is giving me to think đ đ€ đ§ that this all are manipulation and some big wales are trying clean đ§Œ the way by upside time they are trying to remove long term holders maximally.
Why do i think this?
Easy I see how they are rebuying big amount of BTC dumping time and transferring from exchanges to their wallets. If they are waiting BTC down to 32 or 34k then why they are buying big amount at 42k range?
this is question which is giving me to think that big correction we should not see now which Normally should happen.
check wales transfers at picture.
So by technical analysis correction stared, but by checking wales transfers we could say that technically they are lying us and from here BTC could make new high.
This is not financial advice, do your own analysis and make decisions after that.
