The halving is approaching fast and i believe that the whales are setting up a major dump to break the hodlers and bulleviers spirits.
Reasons:
1 - It would be soul crushing, halving being a bullish event and then going full bear
2 - Volume is declining while price is rising (bearish)
3 - Rising wedge (bearish)
4 - RSI - will be oversold at the top of the wedge (bearish)
That being said I will not sell my spot BTC and will only be buying more if we dump as i believe it will only be temporary to shake out weak hands and halving enthusiasts.
What do You think? please share your ideas with me
The crypto janitor
Reasons:
1 - It would be soul crushing, halving being a bullish event and then going full bear
2 - Volume is declining while price is rising (bearish)
3 - Rising wedge (bearish)
4 - RSI - will be oversold at the top of the wedge (bearish)
That being said I will not sell my spot BTC and will only be buying more if we dump as i believe it will only be temporary to shake out weak hands and halving enthusiasts.
What do You think? please share your ideas with me
The crypto janitor