Hi Guys 👋
Have seen this play-out far too many times. The movement up was just absolute BS. But has provided us with a higher opportunity to short.
Secondly, if we observe on a much lower TF: We see the short-squeeze in play and the slow appreciation which has not been a bullish climb for BTC, but instead a market lead by ETH which was driven by the accumulation of ETHBTC.
Here is one HTF chart which emphasises we are at the top.
And another one of mine which predicted the crash on the 13th of March. Alebeit not as fierce as the crash, still the accumulation levels on a HTF remain the same.
Therefore I am expecting a move down to 6800's in the short-term.
All the best,
Anon.
Have seen this play-out far too many times. The movement up was just absolute BS. But has provided us with a higher opportunity to short.
Secondly, if we observe on a much lower TF: We see the short-squeeze in play and the slow appreciation which has not been a bullish climb for BTC, but instead a market lead by ETH which was driven by the accumulation of ETHBTC.
Here is one HTF chart which emphasises we are at the top.
And another one of mine which predicted the crash on the 13th of March. Alebeit not as fierce as the crash, still the accumulation levels on a HTF remain the same.
Therefore I am expecting a move down to 6800's in the short-term.
All the best,
Anon.
Comment:
ooooof. For those who flamed me, & went long. I hope it hurts now, looking back.
BTC is still bearish and will drop very soon. Patience is a virtue.