As you can see on the stochastic RSI, it has more movement to the upside. This happened to the RSI on the previous fractal Before the big dip. Price didn't move much but RSI moved up and was reset to bearish in sync with 1W chart. Same thing is about to happen.
So, market seem to not be able and provide more liquedity for the makers. Also there is alot of technical bulls in this play now. Big drop sub 3200 is enough to trigger all the stop loss of these bulls and create new fear in the market.
The other senario is that the market makers see enough liquedity in all the shorts and will push it higher .
We might se this...
Here is the bullish scenario.
For btc to enter the bullish pocket and sty there it will be a true test to see if the bears pcokets actually are deep enough to supress the price and trap all mini whales.
Be ready for booth scenarios and buy in small amounts what ever way it goes .
Would like to first say that there is so much noice atm in this spiral of emotions. 5% of it is market makers, rest is alot of wishing and thinking TA (emotions).
Market makers: Have made bitcoin to their little puppet. They fool everyone in and short it , a synced bitcoin bulltrap for the final capitulation that we will have coming 2 years. And so the...