Dave-FX-Hunter

BTC ORDER FLOW // Why the price will not go bellow 36K

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I see many people calling the drop back to 30, 20, 10 or even lower.

I respect you all and your opinions, I don't think there would be a given chance to join the trend such easily.

Yes that would be perfect if that happen because than we can buy more for low prices. But why would someone should give this chance to buy in discount? It will simply not happen. We are in the bull run and corrections will be happening. Made by leverage exchanges to stop out traders, but they will not have a power to drop it bellow the levels where big players entered the market.

Still don't believe its money?

BTC has already bigger market cap than Russian Rubble next will be Swiss Franc and Brazilian Real.

FIAT MARKET CAP - https://www.fiatmarketcap.com/

How I know about the institutional buying on that accumulation?
I follow the 100 richest BTC wallets for almost 2 years. There is many wallets with approximately 12K , 10K and 8K BTC . The changes on these wallets are happening in the similar values in thousands of BTC and in the same time. That's brings me to the idea that it has to be one subject which is trying to hide what they do. Might some institutions.

Always when big movements on these wallets happen price fire up and its what creates the support level . They simply will not let the price go bellow it in the future, like it happen in 2018 after that the price was going back to this level whole time until the march 2020, than big buying occurred on these wallets again.

Blockchain richest wallets [/b]- Check it here - https://bitinfocharts.com/top-100-riches...

You can see on some wallets were not changes since that time, but on the many others occurred buying approximately 1000 BTC to each of that many wallets at the same time. so it created this bottom which I predicted based on this order flow.

My analysis from march 2020 when I expected the price bounce form the level that was created by huge buying.

Here was that buying in 2O18 and it worked.

So the same thing happen now in the February 2021 with the average price around 36 000 that is a new institutional support and based on the order flow I think the price will not go bellow this levels in this bullish cycle.


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