For more than 2 weeks, MM has been skillfully moving the BTCUSDT price in the range of $30-31k and “removing” the stops of both longs and shorts below and above this range.
We are betting that the exit from this trade will be upwards, at least to $32300-32500.
“Accidentally” on the upside, the price of BTC can be pushed higher to the targets we wrote in this idea.
Still, it seems to us that in consolidations from below are better and more confident in buying back the BTC price. And before that, the BTCUSD price falls easily because MM allows it and drives “small money” into short positions.
One example is the FUD of 30.06 about the failure of the Btc Etf Blackrock, the price fell exactly where it was profitable for MM and rebounded sharply upwards).
Well, we placed our bet: “Croupiers, spin the wheel” 🙂
Have a great weekend!)
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Did you like our analysis? Leave a comment, like, and follow to get more Trade active: If we believe the fractal from the idea of the total capitalization of the crypto market, then another +100 billion $ to the capitalization would be great.
This is a chance for growth not only for the BTC price but also for many altcoins.
