This is high possibilities, if it not break the resistance. the price will move to down trend (1), this is a good profit. If it not support well, the price could go even further and going back to $20,000 due to many institution is selling at 51,000-57000.
The reason institution want to dump it because they want retail investor sell their btc so they can keep buying up more. Currently my investor looking for the 32000 and 20,000 that's means institution clients may have the some situation like mine right now.
But the dump will not stay long period of time, and it will not a bear market too. It will only bear market 3-6 weeks, the the price will keep going up and is possible to touch $80,000 to $100,000 this year.
If we can buy at the dip, 32000-34000 if a good price to buy. At lease Michael Saylor will not sell, he is long term holder and want to buy 5500 btc more in this month.
The reason institution want to dump it because they want retail investor sell their btc so they can keep buying up more. Currently my investor looking for the 32000 and 20,000 that's means institution clients may have the some situation like mine right now.
But the dump will not stay long period of time, and it will not a bear market too. It will only bear market 3-6 weeks, the the price will keep going up and is possible to touch $80,000 to $100,000 this year.
If we can buy at the dip, 32000-34000 if a good price to buy. At lease Michael Saylor will not sell, he is long term holder and want to buy 5500 btc more in this month.