If we close daily above 65k today, it'll be a series of 6-daily green candles which is the most bullish it has ever been since last pump to ATH

Guys, if you're out of the market, you're going to miss out on the most important bitcoin move that will start possibly this month, I've never seen a perfect entry point like this one, just DCA to finish buying the whole amount by the end of next week, please read this carefully if you don't believe it!

Big bitcoin holders are like any merchant you meet in street, they want to buy stuff at the cheapest price possible then they hold a little until they get the chance to sell at very high prices. Now, after the news about MT Gox and then seeing the german government selling, what did whales do? They sold much more to dump the price down as much as possible so that they can buy from the germans & MT Gox holders very cheap, when the selling is over and whales didn't buy the whole amount that they sold, they will start buying from retailers with higher prices pumping prices too high too quickly which effectively starts the parabolic phase of this cycle. It will happen very fast when the selling phase is over.

In the past few months, there were a lot of sellers,

1. First we have FTX which sold 16 billions
2. Miners who sold in order to upgrade their data centers
3. MT Gox
4. German & US government to support Ukrain & Israel
5. Greyscale, but I think it doesn't matter as their funds go to blackrock & fidelity

What's the normal reaction when whales saw this selling? It was to lower the prices to buy from them cheaply! Also, FTX kept selling above 70k dropping the price whenever it gets above previous 2021 high.

By the end of July, this selling spree will cool down significantly as german government will be empty & miners are done and MT Gox already transferred, we also have eth approval & more positive news about rate cuts in the US.

Before the rate cuts, whales will try to pump the price in order to sell with high prices later knowing there's more demand coming up caused by global liquidity and 16 billions in cash given to old FTX users which may add fuel to the fire pumping to over 90k in a few weeks!

This is the simple logic of the market, believe it or not!