This is my analysis for long term Bitcoin prices. In my opinion Bitcoin is very highly manipulated and the price will be be driven down in 2022 only to be pumped again after the next halving event. At this point Bitcoin is a wealth generating scheme that rewards those who buy low and sell high or just hodl and takes from fools who buy the top during a media driven...
Even though my overall bias is to the downside and 48 was likely a liquidity grab before much lower prices, 44k low is the last solid market structure. Monitoring overall sentiment on crypto twitter and youtube , we can smell that bulltards like MM Crypto and his huge bunch of followers have placed stop losses just below 44k. Going long at around 44k could produce...
If there was a market maker interested in pushing this market downwards, that is how it would be done (in summary and low resolution)
Comments and opinions are greatly appreciated
