@JanBurg, I know that!ππ» Much appreciate You, Jan π
alienteck
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Volume looked like stops getting hit and then it dried up. So buyers are holders and dont like to chase. Now where support shows up is more important than moving up because buyers have been dropping and keeping price as close to 9000 as possible. So its not weakness to want to buy lower but a goal between being able to buy or allowing others to buy.. Its also interesting that there were a lot more sells under 9200 than under 9400..
IamPhoenix33
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@alienteck, Thank you for sharing your thoughts! ππΌβΎοΈπ€
RocketBomb
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@alienteck, Yes you are right. thank you very much for your thoughtsπ
alienteck
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This is definitely stop hunting.. They have hardly bought any BTC here but just pumping it to get shorts to cover.. But then it can go higher than 10k just with short covering. But they bought a lot close to $9000... They can keep this up until retail starts FOMOing again.. But it does look right.. large retail was selling enmass every chance they get.. Now they will rebuy like the last time when it crossed 9.5k..