I TOLD YOU: TRAP COMPLETED WITH $BTC 💵😡
TRAP, TRAP, AND MORE TRAPS 🔪
I'M THE BEST; my God, if only you knew how those posts look🥀
Guys, it happened again #BTC . Due to a lack of institutional volume, it couldn't break the resistance above.
To top it off, more than 833#BTC were withdrawn. Obviously, this caused prices to fall even further than they should have.
But from here, could it reach 67k? (👐)
Well, let me put it this way.
- The daily chart structure is still clearly bullish.
- As I've always told you, and continue to say, the short term is the biggest Achilles' heel of #BTC , and this is the main cause of the initial price drops.
- Active buying zone between 82.508 and 83.046
- It continues to form above the breakout, suggesting that this is still accumulation. If it breaks below the breakout, then the price is at risk.
If it continues as it is, breaking immediate support levels and heading toward the major ones, we'll only see a retest of the lower price zones.
I saw this drop coming as early as Monday—though I wasn't expecting it to be this strong. Even yesterday, I did a livestream saying that I thought this candle was more likely to go up than down, and look at it now✍
Could it fall further? Well, if it breaks 82k and then 80k, or lower, then yes, it's very possible it could go lower. But for now, it's holding relatively firm as long as it continues to form above the breakout.
But this is a lesson for those who are too confident about the market: when you see coins like $MEGA or $BTW and say you know it all, the market always makes it clear that what you want to happen doesn't call the shots. The person with the most money and the most tokens in that coin does 💵
Think more with your brain than with your wallet 💰
TRAP, TRAP, AND MORE TRAPS 🔪
I'M THE BEST; my God, if only you knew how those posts look🥀
Guys, it happened again #BTC . Due to a lack of institutional volume, it couldn't break the resistance above.
To top it off, more than 833#BTC were withdrawn. Obviously, this caused prices to fall even further than they should have.
But from here, could it reach 67k? (👐)
Well, let me put it this way.
- The daily chart structure is still clearly bullish.
- As I've always told you, and continue to say, the short term is the biggest Achilles' heel of #BTC , and this is the main cause of the initial price drops.
- Active buying zone between 82.508 and 83.046
- It continues to form above the breakout, suggesting that this is still accumulation. If it breaks below the breakout, then the price is at risk.
If it continues as it is, breaking immediate support levels and heading toward the major ones, we'll only see a retest of the lower price zones.
I saw this drop coming as early as Monday—though I wasn't expecting it to be this strong. Even yesterday, I did a livestream saying that I thought this candle was more likely to go up than down, and look at it now✍
Could it fall further? Well, if it breaks 82k and then 80k, or lower, then yes, it's very possible it could go lower. But for now, it's holding relatively firm as long as it continues to form above the breakout.
But this is a lesson for those who are too confident about the market: when you see coins like $MEGA or $BTW and say you know it all, the market always makes it clear that what you want to happen doesn't call the shots. The person with the most money and the most tokens in that coin does 💵
Think more with your brain than with your wallet 💰