Zezu_Zaza

Bitcoin Drop to $57K as the selling and withdrawal pressure

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
4th April 2021, Sunday: We will see the bitcoin price will drop to $57132 in the next hours.

The whales begin to withdraw some of their money for the ending Q1. Due to Good Friday holiday on Friday and Easter Holiday makes the bank holiday until this Monday.

While no supply towards the dull market, trader and whales looking a good potential to selling their crypto.

Some of trader already sold their bitcoin for a hard cash for the holiday.

The market will be stable back by this tuesday as UK bank holiday on Good Friday and asian Bank on this monday 5th April 2021.

Looking for a potential whales dump or withdraw their asset as whales has no confident after the btc price could not pass above the $60K as per agenda.

Lots of trader has losing momentum and strength by attempt no being patient to break above $60K.

Upon that, traders pumped to eth and other altcoins.

Right now at the moment, traders pumped up at btc standard hashrate token while alternative to btc after all whales and traders no agreed it go above $60K this week.

We are looking towards the selling, withdrawal and dump by next week. All eyes looking to the $57K and $56K and worst $55K.


Zezu Zaza
2048

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.