- whales that like to dump BTC were absent over the weekend - institutional investors may be nearing exhaustion - some alt coins are starting to rally - new alt coin winners emerging, many names you don't know: Aave, SNX, Chainlink, Polkadot - I don't trust DOT In the long run - ADA if it ever passes 0.40 could do 900%
Challenges - BTC needs to breach 34k.. soon - BTC still weak enough for a pullback to 28k - We drop below 28k, it all pivots down even more
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Whale alert
1000 BTC just sent from private wallet to Binance Possible DUMP coming
It's interesting to see the various TA across so many different individuals. I see BTC targeting the descending triangle ~$35,5xx-$35,7xx before making its move down (to your 22k-25K range). I've had my limit sells in at that range since we bounced at $29,7xx. Others see a bull flag taking us to new highs. Seems like we're all seeing different things and it's a roll of the dice. For someone to win, someone has to lose...
bigldr
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So we need to break resistance at 35k to confirm bullish retest and wait to confirm higher close?
TradeClass
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@bigldr, yeah but if you are watching, looking super unlikely
jimjames45
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good analysis
jgunsur
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A big surprise to me. Was not expecting this because I've been watching whale alerts. I guess the question is: when is the dump coming??