Let’s look at this STRONG UPTREND
Uptrend was broken in August on weekly chart when we broke the support in the name of “yen carry trade”.. news follow technicals in my mind, so that move was in charts already.
Since then Bitcoin has attempted to go back above resistance and now meeting double resistance zone, a strong uptrend will start ONLY if we are able to close weekly above 71-73 zone.
In a failed attempt, whales will sell hard and we will see near 55-45-40 range before end of year
Eg. Mr100 already offloading chunks and have not bought a single in over a month, he is the one who buys daily in uptrend
Stay safe out there
Since then Bitcoin has attempted to go back above resistance and now meeting double resistance zone, a strong uptrend will start ONLY if we are able to close weekly above 71-73 zone.
In a failed attempt, whales will sell hard and we will see near 55-45-40 range before end of year
Eg. Mr100 already offloading chunks and have not bought a single in over a month, he is the one who buys daily in uptrend
Stay safe out there
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