BTC distributing potentially

١١ يناير ٢٠٢١

We can all agree that Bitcoin has had a mammoth 17 week run from the 10k lows. It's time to look for the exits until our next bottom. Long term still giga bullish on Bitcoin .

This is clearly starting to look like distribution.

So as of now my idea is

These lows to CME gap fill at ~38k lower high, nuke to the yearly open and a few more test pumps where people will likely be filling shorts.

Time to hedge on the coming pumps.

١١ يناير ٢٠٢١

ملاحظة

We can distribute, mark down, and still pump at the end of 2021.

١١ يناير ٢٠٢١

ملاحظة

Also we don't know if this is distribution yet PA needs to develop.

١٥ يناير ٢٠٢١

ملاحظة

It's not looking good.

٢٢ يناير ٢٠٢١

ملاحظة

٢٢ يناير ٢٠٢١

ملاحظة

target hit. I am long.

٧ فبراير ٢٠٢١

ملاحظة

٢٢ أبريل ٢٠٢١

ملاحظة

Looks like I was a few months early. What we're seeing now appears to be distribution.