We are close to this being over.


People expecting $40k's are going to be sidelined, just like how people waiting for $12k were sidelined in the 2022 bottom.
Bitcoin is currently trading in the largest pocket of supply it has ever had, over 5 years, just underneath HTF bullish structure.
Back in 2022 this was totally different.
Bitcoin had lost HTF structure, and there was zero demand below... all that was waiting was clear air.
And it sliced straight through.
That is not just going to happen this time around.
As mentioned, the most I see happening is a deviation of this range low, reclaim, and then a push back above $74,400, confirming an expanded flat.
If we get this deviation move below $60k, it is very likely going to be brought on by something in this conflict, and i think it will happen in the next 2 weeks.
We have been seeing signs of large accumulation across the board, with a lot more strength.
It's going to be over much faster than most people are expecting.
BTC-2,1%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin