The reason why shakeouts are happening to the downside is to kill the longs, as many longs as possible. The only reason to "kill longs" is because prices are about to grow strong on a mid-term basis.
If Bitcoin was set to drop as the main move, not short-term noise, then instead of whales killing the longs they would be letting them pile up and instead kill the shorts.
Many longs can pile up and then all be removed in one hit with a long squeeze, this is what will happen to the shorters soon enough...
Tomorrow is an important day, read the latest update on this trade idea below, about the 4/5 consecutive days pattern, it will break everything we've seen since January 2023; Tomorrow is the decisive day!
🅱️ Bitcoin 1,2,3,4 Steps Pattern ($35,000 August 2023)
Remember how we are using XRP as it is leading the market? It is already giving signs of a higher low... Green Monday or bull trap?
Only hours left!
✴️ XRP | Higher Low, Starts Recovery?
Thanks for reading.
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