It's no coincidence that every single Bitcoin top over the last 9.5 years has been triggered by Wall Street.
They use their products to manipulate and control prices. Once it actually launches, it's always followed by a bloodbath.
Just recently, an unknown Bitcoin Whale has just sent four massive Bitcoin transfers to #Coinbase, totally over $550+ million.
🚨 3,052 #BTC worth $137,000,000+
🚨 3,059 #BTC worth $138,000,000+
🚨 3,052 #BTC worth $137,800,000+
🚨 3,052 #BTC worth $137,800,000+
Whales getting ready to dump for the upcoming SEC #Bitcoin ETF announcement later today?
I am more bearish on Bitcoin now more than ever due to a lot of evidences that are surrounding bitcoin. This is what I would love to see in the markets. I want to see a rally to about 52k and then a total annihilation to 24k and probably below
They use their products to manipulate and control prices. Once it actually launches, it's always followed by a bloodbath.
Just recently, an unknown Bitcoin Whale has just sent four massive Bitcoin transfers to #Coinbase, totally over $550+ million.
🚨 3,052 #BTC worth $137,000,000+
🚨 3,059 #BTC worth $138,000,000+
🚨 3,052 #BTC worth $137,800,000+
🚨 3,052 #BTC worth $137,800,000+
Whales getting ready to dump for the upcoming SEC #Bitcoin ETF announcement later today?
I am more bearish on Bitcoin now more than ever due to a lot of evidences that are surrounding bitcoin. This is what I would love to see in the markets. I want to see a rally to about 52k and then a total annihilation to 24k and probably below
Note
In as much that the price of Bitcoin is still strongly bearish, we should still wait for confirmations that price is ready to head lower. I want to see a break and a close below price at $40,750 , that is when I will consider taking shorts to the downside. The key word is patience
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Disclaimer
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.