Most major currencies are stable, especially Bitcoin. There has been an unnatural calm for more than 24 hours with no strong movement, which indicates that it does not want traders to make a profit. On the contrary, it aims to increase their numbers and gather as much liquidity as possible. There are 3 possibilities, one of which will happen:
1- It is that there is a massive liquidity gathering and the price starts to rise so that if the whales sell, the market does not drop significantly.
2- Due to fear and the possibility of a drop, most traders have not entered the market and are waiting for a rise or drop. This has reduced the liquidity of the currency, and there will not be a good clearing for traders and futures contracts 😂. They are waiting for the largest possible entry so that the price only rises slightly to enter the area 111500 and then starts to drop.
3- It is a record price drop that makes the whales change their plans from selling to buying more, causing the price of Bitcoin to rise to a record level, followed by a strong drop.
Each possibility is harder than the other.
But if it contradicts all expectations, it will be the opportunity of a lifetime because it will be the accumulation to hit a new peak in a very short time, so most traders will not be able to benefit from this rise #KITEBinanceLaunchpool $BTC #FOMCMeeting #MarketPullback $BTC #MarketPullback