Here is a better scenario of potential price movement for BTC in it's current position. I do believe BTC.D will play a heavy factor in the way this plays out but I think these are the more likely scenarios. Option 1 being the more likely option here. Option 2 would leave MM with some good shakeout potential so don't put it past the Market Mover to play option 2 first.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.