Are you scared that crypto may not return to higher grounds soon?
Don't be
BlackRock and Capital Group (one of the largest market makers, only Citadel are bigger) are informally invested in BTC.
I'm not saying BTC can't go lower, because these guys have deep pockets and can stay at loss how long they want, but crypto is not dead for sure, it's just getting more and more interesting for the big boys and that's why the FUD and manipulations get stronger. And this means stronger volatility which can be turned to money if you know what you are doing.
Anyway BTC will make a new ATH this winter or the upcoming spring.
But be aware that those guys may be in the game longer than we think and may want bring the price lower to previous liquidity pools just to grab some more cheap longs before they pump the price to new ATH.
Below we have strong liquidity pools for BTC at thoss points:
- 23-25K. There's a huge price gap for BTC from last December at that range.
- 19.5-20.5K. Strong previous volume at that range.
Possible bottoms (if the market makers decide to go on berserk mode):
- 14131
- 11903
- 9060
- 7723
- 6613
But if that was the bottom that we were watching the past few weeks (29-30K) and we are seeing such obvious professional market maker presence than we are definitely seeing new ATH sooner than people are going to expect it.
If the price continues up I'll update the thread with some liquidity pools above us. The first one sits between 32600 - 33100.
Anyway be aware that I'm mostly scalping and swing trading with my capital and you might get burned if you try to blindly follow what I say, because I might not be here to tell you when to enter or exit if the price starts behaving some other way. So you know the drill - this post is NFA
Don't be
BlackRock and Capital Group (one of the largest market makers, only Citadel are bigger) are informally invested in BTC.
I'm not saying BTC can't go lower, because these guys have deep pockets and can stay at loss how long they want, but crypto is not dead for sure, it's just getting more and more interesting for the big boys and that's why the FUD and manipulations get stronger. And this means stronger volatility which can be turned to money if you know what you are doing.
Anyway BTC will make a new ATH this winter or the upcoming spring.
But be aware that those guys may be in the game longer than we think and may want bring the price lower to previous liquidity pools just to grab some more cheap longs before they pump the price to new ATH.
Below we have strong liquidity pools for BTC at thoss points:
- 23-25K. There's a huge price gap for BTC from last December at that range.
- 19.5-20.5K. Strong previous volume at that range.
Possible bottoms (if the market makers decide to go on berserk mode):
- 14131
- 11903
- 9060
- 7723
- 6613
But if that was the bottom that we were watching the past few weeks (29-30K) and we are seeing such obvious professional market maker presence than we are definitely seeing new ATH sooner than people are going to expect it.
If the price continues up I'll update the thread with some liquidity pools above us. The first one sits between 32600 - 33100.
Anyway be aware that I'm mostly scalping and swing trading with my capital and you might get burned if you try to blindly follow what I say, because I might not be here to tell you when to enter or exit if the price starts behaving some other way. So you know the drill - this post is NFA
