Currently there is a volatility contraction on the curren 1 day candle which usually agrees with an uptrend. All VC has a vertical green line which comes along with an uptrend.
Many of you might be in doubt about BTC performance but I’m letting you know, I’m not going by what others say or just writing out charts just for fun but because I love studying it. Even though BTC dos not look promising right now but SOON WILL because of what I see.
I don’t think it will but I would not be surprised if smart money dipped it an extra K but as of now, I don’t see it happening.
So crypto traders. Here is some good news. We all know smart money controls the whole market. As long as traders remain by holding without selling for a loss which is what’s been happening all this past weeks and months, smart money has no choice but to spike the NYSE.
Why do I see them doing this, it’s logical. If they do this, coins Will go bullish, many traders will buy late then smart money will entice many by selling so coins can dip and look out for another dip. Remember much must happen before the bull market arrives.
Remember, confirmation entry is at $28,300
Happy short trades.