Bitcoin has basically capitulated, but finally had an impressive 10% bounce from its low.
This was due to 50 million+ worth of USDT being sent to Finex, which was consequently used to buy the bottom. Whales trade on Finex, this is common knowledge.
I have tracked most large buy orders and placed them on the chart.
Currently I have no idea whether or not this is the bottom, but we should consolidate here for a while.
Now is the time to be buying. Utilize the buy and hold strategy from 3000-4600. By the next halving we should begin another bull run. So expect a bear market for the next year.
In the meantime, take advantage of the volatility and make some money.
Thanks for viewing! Keep in mind this is BTC/USDT, so price is different from USD.
This was due to 50 million+ worth of USDT being sent to Finex, which was consequently used to buy the bottom. Whales trade on Finex, this is common knowledge.
I have tracked most large buy orders and placed them on the chart.
Currently I have no idea whether or not this is the bottom, but we should consolidate here for a while.
Now is the time to be buying. Utilize the buy and hold strategy from 3000-4600. By the next halving we should begin another bull run. So expect a bear market for the next year.
In the meantime, take advantage of the volatility and make some money.
Thanks for viewing! Keep in mind this is BTC/USDT, so price is different from USD.
Comment:
This is the second retest. Going to see if we can hold.
Trade active:
This looks like the second floor. Hopefully we can get a correction to the upside.
Comment:
Another 50 million sent to finex when price was near 3900 for BTC/USDT
