$BTC
The BULLS made a new attempt to reach $103K, but it is evident that the price is still moving entirely in accordance with the news surrounding TRUMP's TARIFFS and statements from FED members. (These 2 have been active in their statements since yesterday).
While some attribute the sales to the Whales, they are actually wrong, as just yesterday the whales BOUGHT more than 50 thousand Bitcoins. It seems that some exchanges really want the $98K in Bitcoin, as their Wallets are actively pushing prices down, the desperation to liquidate retail before a major rise is evident here.
Unfortunately, the BUYERS were unable to keep prices at a higher minimum, so we will need to form a DOUBLE BOTTOM (even if sweeping the remaining orders below), to then have some strength and attack $102K again, which will become a new level of extreme interest for both sides.
Check the OTHERS/BTC chart and you will see that Altcoins are showing very good strength, given the crucial moment we have in Bitcoin at these prices.
Fear is evident throughout retail, but we must maintain lucidity, I see no reason for changes here... a major rise in the entire market is inevitable, they may delay it, but they cannot PREVENT it.
Still the same thought here:
...it doesn't matter what made us stop the quick recovery, WE STILL MAINTAIN A GOOD CHART here and a recovery to $107K initially is the most likely.
Soon we will look at this chart and say "DAMNED DEVIATION THAT DECEIVED ALMOST EVERYONE".
The dominance of BTC is struggling to continue rising and this is facilitating for the altcoins, some even demonstrate a good indication of having found the bottom like $FIL, $AR, and a few others, we have good charts in altcoins. (NOTICE HERE THAT MANY OTHER ALTCOINS rose quickly like the 2 mentioned yesterday).
The BEARS will be punished for their arrogance!
The recovery of $112K is what puts the BULLS back in the game,
New ATH in November!
The BULLS made a new attempt to reach $103K, but it is evident that the price is still moving entirely in accordance with the news surrounding TRUMP's TARIFFS and statements from FED members. (These 2 have been active in their statements since yesterday).
While some attribute the sales to the Whales, they are actually wrong, as just yesterday the whales BOUGHT more than 50 thousand Bitcoins. It seems that some exchanges really want the $98K in Bitcoin, as their Wallets are actively pushing prices down, the desperation to liquidate retail before a major rise is evident here.
Unfortunately, the BUYERS were unable to keep prices at a higher minimum, so we will need to form a DOUBLE BOTTOM (even if sweeping the remaining orders below), to then have some strength and attack $102K again, which will become a new level of extreme interest for both sides.
Check the OTHERS/BTC chart and you will see that Altcoins are showing very good strength, given the crucial moment we have in Bitcoin at these prices.
Fear is evident throughout retail, but we must maintain lucidity, I see no reason for changes here... a major rise in the entire market is inevitable, they may delay it, but they cannot PREVENT it.
Still the same thought here:
...it doesn't matter what made us stop the quick recovery, WE STILL MAINTAIN A GOOD CHART here and a recovery to $107K initially is the most likely.
Soon we will look at this chart and say "DAMNED DEVIATION THAT DECEIVED ALMOST EVERYONE".
The dominance of BTC is struggling to continue rising and this is facilitating for the altcoins, some even demonstrate a good indication of having found the bottom like $FIL, $AR, and a few others, we have good charts in altcoins. (NOTICE HERE THAT MANY OTHER ALTCOINS rose quickly like the 2 mentioned yesterday).
The BEARS will be punished for their arrogance!
The recovery of $112K is what puts the BULLS back in the game,
New ATH in November!
