$BTC Whale 19pFLW is still buying the dip, He picked up another 300 BTC ($19.03M) about 8 hours ago🥳.
That brings his total to 1,120 BTC, worth around $70.33M, with an average buy price of roughly $69,294.
WE THINK: No panic for him, he just need more BTC.
Address: 19pFLWW3CwjZujRWpVEMdguBMZEqPuj5nA
{future}(BTCUSDT)
{spot}(BTCUSDT)
TUT is down 30.11% in 24 hours and the 15m chart has only just stopped falling.
Price is 0.03985. The 1h EMA stack is bearish, 9 under 21 under 50, and 1h range position is 6.3% — this is still the floor of the move, not a recovery. What changed is that sellers stopped pressing: the 4h volume ratio printed 3.04 into the low, then the tape went quiet.
0.03906 is where $TUT is decided — 21 measured touches on the 15m. Hold it and 0.0416, 18 touches, is the first real test above. Lose it and 0.03...
$BTC UPDATE
My local view on #BTC
So far, everything is going according to plan:
1. Long in the 0.5–0.618 Fibonacci zone - $62,320/$61,230 (DONE?)
2. Look for a reversal structure on 1H/4H, e.g. a double bottom (DONE?)
3. There is a Head and Shoulders pattern on the 1D chart (Loading)
4. First target - $68,500/$69,400
5. Second target - $72K
6. After that, I expect the final drop to begin in August/September.
Once again, $BTC looks like a long from the zone I highlighted in the video.
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