what charts are showing
BTCUSDT
- confirmed trend breakout on totals (total crypto cap minus usdc and usdt)
- btc.d breakout bouncing off support (at 40%) and approaching top breakout
- usdt and usdc capitalization decline revrsing in a rounding bottom
- tons of liquidity gathered in alts including eth (which sits at ethbtc historic resistance)
- golden cross on btc daily 20 and 50 ema
what i think is happening:
we may finally conclude the bear market rally with a bitcoin squeeze to retrace levels at 27k and possibly 30k
lots of money is either waiting on the side or sitting in alts (3-4% of 1T in alts + $10-20B in stables inflow ;) )
wagmi
BTCUSDT
- confirmed trend breakout on totals (total crypto cap minus usdc and usdt)
- btc.d breakout bouncing off support (at 40%) and approaching top breakout
- usdt and usdc capitalization decline revrsing in a rounding bottom
- tons of liquidity gathered in alts including eth (which sits at ethbtc historic resistance)
- golden cross on btc daily 20 and 50 ema
what i think is happening:
we may finally conclude the bear market rally with a bitcoin squeeze to retrace levels at 27k and possibly 30k
lots of money is either waiting on the side or sitting in alts (3-4% of 1T in alts + $10-20B in stables inflow ;) )
wagmi
Trade closed: stop reached:
the hidden liquidity is not coming in
structure is breaking
stops triggered
hope at least you sold alts for btc for this idea
harambe never 4gets
structure is breaking
stops triggered
hope at least you sold alts for btc for this idea
harambe never 4gets