$BTC, we are seeing a very predictable price action today, we are still in this region below the support of $98K, but we are building some reversal here.
We are seeing a beautiful 4H Candle, but the question here is whether we can close it like this in the next 1h, do that and then the bulls will react here and push the price to the green range on the chart.
Below $98K is a very good buy for INSTITUTIONS that have already bought above $100K, of course Saylor is taking advantage of these prices and bought $835.6 Million in Bitcoin. Also, other large Companies are accumulating here.
There is a rush for BTC, Banks, Companies, sovereign funds, Various Funds, and Corporate Treasuries want more and more Bitcoin, and even though we are seeing a forced market reduction by some, these investment giants will make the most of this moment.
This will be a great week, expect some extra volatility.
The BULLS do not need much to show strength here, just RECOVER $98k and we will have a decent recovery from there.
Gentlemen, if you are still stuck on the idea of 4-year cycles and the "old" format of cycles, forget that and recalculate...the game has changed, adapt or be left behind, you will not have an easy new cycle chance.
We are seeing a beautiful 4H Candle, but the question here is whether we can close it like this in the next 1h, do that and then the bulls will react here and push the price to the green range on the chart.
Below $98K is a very good buy for INSTITUTIONS that have already bought above $100K, of course Saylor is taking advantage of these prices and bought $835.6 Million in Bitcoin. Also, other large Companies are accumulating here.
There is a rush for BTC, Banks, Companies, sovereign funds, Various Funds, and Corporate Treasuries want more and more Bitcoin, and even though we are seeing a forced market reduction by some, these investment giants will make the most of this moment.
This will be a great week, expect some extra volatility.
The BULLS do not need much to show strength here, just RECOVER $98k and we will have a decent recovery from there.
Gentlemen, if you are still stuck on the idea of 4-year cycles and the "old" format of cycles, forget that and recalculate...the game has changed, adapt or be left behind, you will not have an easy new cycle chance.