☄️ BITCOIN WE'RE BACK! ☄️
Hey guys! Wishing well as always!
⚡️I'm gonna keep this short but it's great to be back home and ready to post more ideas for you guys as always, was a great trip and happy to be here!
⚡️Anyway before I left I let you guys know to watch for those EMA's and that we'd possibly see a double top form should support not come through, and surprise surprise we saw that happen as we slipped below $23,000 and thus causing this wave of downfalls with those mountain falls happening one after another thanks to our 20/50 EMA's.
⚡️There's isn't necessarily much for me to say with regards to that, I mean I'd been telling you guys the whole week before that at some point the mountain was gonna have it's peak and reverse to form that second half which it is doing now and may be done with sooner than you think. Our main thing currently is that we'd lose that 200 EMA and like I said once you lose that it's game. And whales have been having a party selling what they've been buying. I told you guys this support was thanks to whales and it's thanks to them we're seeing these falls. Huge orders come in showing just how easily they manipulate the market with just a few million per sell.
⚡️As I also noted previously those marked indicators I put down will really tell you what you need to know. As we lost each one we lost more and more support and right now we will happy if we can avoid touching $20,000 and avoid that caution line at all cost which is our last line of defense right now for BTC basically. Also a lot of this sell pressure is institutional thanks to Elon's surprise reveal last week showing that TSLA sold over $1 Billion in Bitcoin at a loss and well, we know how his influence can be so the market's been hit with that as well as a few will definitely hop ship and follow his move.
⚡️I'm gonna leave the idea here for now but watch those 20 and 50 EMA's! Once they start to flip it'll be good for us but right now they just keep tumbling down. It'll take a real strong buy in or pressure to pull us back up and we just may see that! After all, with crypto, anything is possible. If you guys would like to leave a like or follow it'd be much appreciated. Thank you!
~ Rock '
⚡️I'm gonna keep this short but it's great to be back home and ready to post more ideas for you guys as always, was a great trip and happy to be here!
⚡️Anyway before I left I let you guys know to watch for those EMA's and that we'd possibly see a double top form should support not come through, and surprise surprise we saw that happen as we slipped below $23,000 and thus causing this wave of downfalls with those mountain falls happening one after another thanks to our 20/50 EMA's.
⚡️There's isn't necessarily much for me to say with regards to that, I mean I'd been telling you guys the whole week before that at some point the mountain was gonna have it's peak and reverse to form that second half which it is doing now and may be done with sooner than you think. Our main thing currently is that we'd lose that 200 EMA and like I said once you lose that it's game. And whales have been having a party selling what they've been buying. I told you guys this support was thanks to whales and it's thanks to them we're seeing these falls. Huge orders come in showing just how easily they manipulate the market with just a few million per sell.
⚡️As I also noted previously those marked indicators I put down will really tell you what you need to know. As we lost each one we lost more and more support and right now we will happy if we can avoid touching $20,000 and avoid that caution line at all cost which is our last line of defense right now for BTC basically. Also a lot of this sell pressure is institutional thanks to Elon's surprise reveal last week showing that TSLA sold over $1 Billion in Bitcoin at a loss and well, we know how his influence can be so the market's been hit with that as well as a few will definitely hop ship and follow his move.
⚡️I'm gonna leave the idea here for now but watch those 20 and 50 EMA's! Once they start to flip it'll be good for us but right now they just keep tumbling down. It'll take a real strong buy in or pressure to pull us back up and we just may see that! After all, with crypto, anything is possible. If you guys would like to leave a like or follow it'd be much appreciated. Thank you!
~ Rock '
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