it was such a bleeding week for BTC. we finally see some recovery on the horizon. have a look at my personal analysis and drop a comment how far you agree or disagree?
I'm pretty sure a large portion of the market is stagnant just waiting for the unlocking of the GBTC. We've seen retail investors overtake buying pressure, rather slowly, but surely.
Also, shorting positions have started to decline in the past 24 hours or more. And the cherry on top is whale BTC accumulation and Bitcoin mining hashrate increasing.
We're almost set for another rally possibly back to ATH.
Also, shorting positions have started to decline in the past 24 hours or more. And the cherry on top is whale BTC accumulation and Bitcoin mining hashrate increasing.
We're almost set for another rally possibly back to ATH.