#BTC reached our most expected and discussed target here, in the range of 88/87, thus completing the 30% liquidation. AND NOW?
For now, it would be ideal for the price to remain in this region to accumulate and finalize, in the larger time frames, the closure of the moving averages. This would end the downward movement and prepare #BTC for a new all-time high and, consequently, the altseason. March is just around the corner, and everything is falling into place as it should.
On the daily and weekly, we are very close to a closure. With a slight selling pressure still. SUPPORT: 84.4 | 74.1 RESISTANCE: 96.4.
In the last 24 hours, we had a total of $1.4 billion in buy liquidations, SOMETHING SURREAL.
WE ARE STILL in MANIPULATION, and while this movement from the big players continues, we remain alert. If they continue to force the drop, this will be the entry point for those who are still on the sidelines.
Let's wait for the U.S. market to open at 10:30, to identify the momentum it will give to the market.