BTC has BOTTOMED!!! This is it!! It will NEVER go Below $3000
Based on multiple support structures around $3000 I don't see it dropping below the $3000 level ever...It may test it again for sure but should not drop...this is what capitulation looks and feels like... 89% on BTC...95% on ALTs...anybody who has weak hands has already sold and will be selling around 6K...
When many hands sell at 6K - 6.5K we will see another drop to the 3500 level... remember higher highs...this may continue for few months before consuming the overhead supply around 6K - 10K...
once that is burned through...btc is ready to rally beyond 20K...
I think almost everyone who has bought above 10K has already sold...
Based on multiple support structures around $3000 I don't see it dropping below the $3000 level ever...It may test it again for sure but should not drop...this is what capitulation looks and feels like... 89% on BTC...95% on ALTs...anybody who has weak hands has already sold and will be selling around 6K...
When many hands sell at 6K - 6.5K we will see another drop to the 3500 level... remember higher highs...this may continue for few months before consuming the overhead supply around 6K - 10K...
once that is burned through...btc is ready to rally beyond 20K...
I think almost everyone who has bought above 10K has already sold...
Uwaga
6500 would be good guys...lot of bulls action in options...needs to see shorts squeezed...welcome to the front row seats to this actionUwaga
3670 now...Uwaga
4007 right now...keeps jugging away...
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