Technical analysis indicates a quick high volume short is imminent. Followed by a pump to ATH. This is a swing trade, possibly for 2-3 weeks to completion. This is from a technical standpoint.
So the ETF'S are out, congrats to the bitcoin community. But i do believe the bitcoin supply is exhausted. Therefore we will be swinging for the demand for that's a fact. We have seen major institutions like Greyscale taking profits of nearly 5.4 billion as of writing this post. Not selling but closing there long positions on BTC. So to my view 21368.5 is the next...
In Large TF structure we see equal lows and a grab of liquidity below the lows indicating a market reversal.
what you got to loose?
NB: USE PROPER RISK MANAGEMENT FOR CHRIST SAKE GUYS!
