While the analysis might not be evident enough, the liquidity problems faced by many crypto firms could mean more institutions could sell their holdings. If this happens, another BTC capitulation could be imminent.
However, BTC seems to care less about all these sellers as it pumped $4.29 to its current price. Still, the crypto “extreme market condition” might not be over. This update would also concern retail investors as the institutional powers seem prepared to control market movement.Even with the cumulative 236 237 BTC dump, the current BTC price seems to have a stronghold at $23,000. According to the price chart, theThis is because the 20-period EMA is solidly above the 50-period EMA .
Bitcoin is struggling to break above $23,000 ETH in full force at $1,600 This is gonna be a big week. Y’all,SGCaterina is a super underrated Bitcoiner,I’ve been taking her tweets and tips seriously,she’s all good when it comes to predictions,they’ve been accurate so far
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