BTC usdt
BTC update:
Multiple Reason For BTC Dump:
Fundamentally:
1st: Omicron Viruse
2nd: China FUD
3rd: Hacking of Exchanges,
4th: Most people open high leverages without stoploss
5th: People are too confident that BTC will go to 100k in Dec 2021
6th: Charismata's also coming on 25 Dec people start selling for celebrating Charismata.
The dump reason is people are too confident that BTC going to 100k but Whales play with their emotions.
Technically:
1st: BTC on 4Hr time frame break up trendline but we are still in 1D time frame in up trend .
2nd: look to BTC Dominance, BTC D are on strong support if it break down we are in Alt rally but if bounce back we will see more alts will bleed.
3rd: BTC made double top (All time HIGH) and repeating previous history , 11/Dec 2020 to 18 may 2021 and Now 21 Jul 2021 to 6 Dec 21.
Today: See chart
Multiple Reason For BTC Dump:
Fundamentally:
1st: Omicron Viruse
2nd: China FUD
3rd: Hacking of Exchanges,
4th: Most people open high leverages without stoploss
5th: People are too confident that BTC will go to 100k in Dec 2021
6th: Charismata's also coming on 25 Dec people start selling for celebrating Charismata.
The dump reason is people are too confident that BTC going to 100k but Whales play with their emotions.
Technically:
1st: BTC on 4Hr time frame break up trendline but we are still in 1D time frame in up trend .
2nd: look to BTC Dominance, BTC D are on strong support if it break down we are in Alt rally but if bounce back we will see more alts will bleed.
3rd: BTC made double top (All time HIGH) and repeating previous history , 11/Dec 2020 to 18 may 2021 and Now 21 Jul 2021 to 6 Dec 21.
Today: See chart
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