Bold Statement: Target $3500 coming weeks
Whales are using Distribution Zone 2 to get rid of their bitcoin possessions while they still can. I noticed a few big sellers in this zone, not retail.
Bold statement #2: i believe this 7300 is the final top before the dump, bitcoin hits his head against the bottom of October 19th, it can't go past this, it tried many times each time making a lower high (above the 7300s 7400s ..) and each time if falls back, this time it barely touches the bottom of October 19th. I Expect a dump.
Bold statement #2: i believe this 7300 is the final top before the dump, bitcoin hits his head against the bottom of October 19th, it can't go past this, it tried many times each time making a lower high (above the 7300s 7400s ..) and each time if falls back, this time it barely touches the bottom of October 19th. I Expect a dump.
Note
Margin Longs have peaked:Note
7500s short opportunityNote
High buying volume and a spike happened at the top 7300
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.