The alignment of stars tells it all.
Updated
BTC got stuck at 10800 for more than 12 hours. RSI triple top.
1 min chart shows the whale pumps have been weaker and weaker.
Buying volume is dying. Nobody's paying the price for BTC.
I think they are about to launch the big sale.
1 min chart shows the whale pumps have been weaker and weaker.
Buying volume is dying. Nobody's paying the price for BTC.
I think they are about to launch the big sale.
Note
They did another pump. It is hilarious watching whales pumping BTC when there is obviously no buying interest. This means that whales haven't sold all the coins they planned to dump.It's like all the other PnD happened on alts. The dump will happen. People who chase rises will get burned. This will end up ugly.
I am not going to trade until BTC falls to 4k-5k range or until Feb. 22.
I choose the date Feb. 22 because it is the first workday in China after the Chinese New Year holidays. If government is going to release any new bans as FUD materials, we would see them on or before that date.
We don't trade patterns. We draw them.
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