The same explanation I gave for ETH is the same for BTC. 1st thing to understand that the world is not yet ready for a crypto society. USD is being inflated right now. How does that make sense for crypto to rise as well? They are inversely proportional to eat other. Bitcoin and Ethereum is being manipulated heavy right now. Price left of major liquidity to the...
1st thing to understand that the world is not yet ready for a crypto society. USD is being inflated right now. How does that make sense for crypto to rise as well? They are inversely proportional to eat other. Bitcoin and Ethereum is being manipulated heavy right now. Price left of major liquidity to the down side. Price also never pulled back to the demand area...
I have detailed two scenarios that can play out for Bitcoin long term. Regardless, smart money has left sell orders open at around price of $8000 a coin that needs to close out
US30 Bearish Move after Daily Supply Mitigation. You can see a wyckoff schematic forming (Distribution) and confirmation of structural break buy bearish move from today. Looks like smart money is planning to take price back to demand that it formed about a month ago
USOIL is bullish On Monthly, Weekly, Daily, 4HR and 1HR so we are looking for bullish move entries. Smart money always has to retrace back to where there sold to buy or bought to sell. In this case, sold to buy. In doing this, they take out stop loss from liquidity the generated by forming retail trendlines. The highlighted area is the candle the banks highly...