Seems just like they're trying to liquidate shorts on BTC honestly.. Whatever the whales want will happen and that should be apparent especially now. Just waiting for it to play out.
I wonder what BTC will do especially with this trendline starting to make it's way away.. I think it's very possible for it to go back up to follow this trendline again. At the end of the day this market is very manipulated and we'll see what happens. Curious on other's TA or opinions.
The question is now to take profits or keep the long open.. I think there's a shot we continue up not sure though gonna have to watch it like a hawk. Curious on y'alls thoughts overall on that entry since I'm trying to improve at TA.
There isn't a lot in futures to liquidate atm but majority of the money that is in it is longed.
Thinking this is probably a bull trap and we could see a retracement to liquidate those longed positions.
