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mcdaverage
Jul 12, 2021 1:20 PM

BTC Short HTF to 25k - 18th July Grayscale Dumps Short

BTCUSDT SPOTBybit

Description



25k Zone Target - Bearish if we don't breakout of the downward channel.
This is inline with Grayscale unlocking BTC to the market.

Comment

Invalidated. Please check my Bullish Case Idea for failed HNS setup.
Comments
TheKitchenTrader
Grayscale unlocking BTC?
mcdaverage
@TheKitchenTrader, it's GBTC - but IMO might exhaust institutional demand for spot as they'll be buying GBTC if they need exposure.
Clar_214942894312797
Shut up
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