As seen on previous cycles , BTC closed under the MA200 on daily chart, which signals the start of bear market. Looking forward to shorting the 61% fib bounce.
This dump was controlled and meant to liquidate a particular whale who had previously manipulated the market. There was a coordinated sell off and now we see a small pump. There will be one last retracement back down into the 36k region and from there we will get very bullish pushing back shive he ATH @ 70k.
OfficialSkoL
⋅
@Patrick2310 this theory, no proof at all. I can't believe ppl selling it. There's always got to be a reason sold to plebs that they're getting rekt
OfficialSkoL
⋅
@Patrick2310 also, what whale I'd using leverage? they should just have large spot positions. the only times whales would be leveraged is to short. but this would play into that favor. maybe the whale they were liquidating was the general public?
LastHope2020
⋅
Thank you mate when saw your hear I still few safe 🦾👍👍