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Aug 15, 2022 2:26 AM

BTC Moon Soon (Bear Rally Finale) Long

TOTAL-USDT-USDCCRYPTOCAP

Description

what charts are showing
BINANCE: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
Comments
TraderHalai
Boosted. Enjoy
SwissMail
@TraderHalai, <3 you, smooches!
the1747trader
The btc dominance descending wedge is juicy
SwissMail
@the1747trader, that could be a big juicer :D
SugeKnight
This is underrated. Good post ninja
SwissMail
@SugeKnight, Thank you, bullah bless!!
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