Hello friends,
(When BTC is 52800 $) Who is going to sell Bitcoin below 48k?
A) Hodlers:
1- Most of them are in profit.
2- most of them bought BTC for less than 12k.
B) Bears:
If they have bitcoins (yet), it makes sense for them to sell at 52k instead of 48k or 46k :)
C) Liquidation industry (Money-making industry !!!).
I think this is true.
If you love your money, avoid Borrowing from them (liquidation industry). Once bitten and twice shy!
Technical analysis section:
I am bullish above the black lines (49-50k is possible)
otherwise
time retracements (40-46k)