Smart Money Radar #01: The drop to $81,200 on $BTC panicked everyone—except the big holders.
Nearly $944 million was liquidated this week after the US inflation figures came out. As a result, nobody dares to buy anymore, and Google searches for Bitcoin are at their lowest level in years.
This is exactly what the big players were waiting for:
Leveraged traders have been flushed out of the market.
The $80,875 support is holding firm despite the fear.
Personally, I’m staying away from leverage today. My plan is simple: if we return to my green zone between $80,800 and $81,200, I’ll buy Spot and aim for a rebound toward $85,000. If $80,800 breaks, I’ll cut my position and wait for a lower price around $75,500.
And you, at $82,500 this morning, what are you doing?
1 - I’m buying now, before Monday.
2 - I’m waiting for one last drop below $80,000.
This is not investment advice. DYOR. #bitcoin #Write2Earn $BTC
Nearly $944 million was liquidated this week after the US inflation figures came out. As a result, nobody dares to buy anymore, and Google searches for Bitcoin are at their lowest level in years.
This is exactly what the big players were waiting for:
Leveraged traders have been flushed out of the market.
The $80,875 support is holding firm despite the fear.
Personally, I’m staying away from leverage today. My plan is simple: if we return to my green zone between $80,800 and $81,200, I’ll buy Spot and aim for a rebound toward $85,000. If $80,800 breaks, I’ll cut my position and wait for a lower price around $75,500.
And you, at $82,500 this morning, what are you doing?
1 - I’m buying now, before Monday.
2 - I’m waiting for one last drop below $80,000.
This is not investment advice. DYOR. #bitcoin #Write2Earn $BTC