COINBASE:BTCUSD Bitcoin / U.S. Dollar
Bitcoin needs massive liquidity In order to move to $100k and beyond and the only way that's possible is to hit all the stop losses sitting below 28k. It all makes sense if we look at the potential forming. There's no guarantee but if we brake and close below $39,500 there's a MASSIVE probability we head down to around the 27k mark. Think about it, 80% of bitcoin participants are at the moment. Going to $27k will rinse the markets off all these crypto moon boys.