ðĪ #BTCLIVE - 22.08 - #IDEA ðĪ
Snapshot:
I honestly feel we are now in the last phase of this bear movement, with "Fixed HODL'd BTC" increasing again I don't think there are much big pots left or wanting to be sold.
General outlook we will descend and consolidate slowly down from retail traders completely giving up hope now and smart money is in 100% bull mode looking to buy at any opportunity below $20k. This is starting to sync nicely with the DXY coming to a natural point of rejection (That itself narrowly dodged an incredibly bearish breakdown. I believe we are looking at about $18.5k as the possible floor now.
Snapshot:
I honestly feel we are now in the last phase of this bear movement, with "Fixed HODL'd BTC" increasing again I don't think there are much big pots left or wanting to be sold.
General outlook we will descend and consolidate slowly down from retail traders completely giving up hope now and smart money is in 100% bull mode looking to buy at any opportunity below $20k. This is starting to sync nicely with the DXY coming to a natural point of rejection (That itself narrowly dodged an incredibly bearish breakdown. I believe we are looking at about $18.5k as the possible floor now.
