GOOD MORNING!!!

Yesterday we had a reasonable weekly close on #BTC and an excellent weekly close in Altcoins.

After the weekly close, we saw a quick pullback in BTC and Altcoins yesterday; BTC even went lower than it did last week. Although it reached $110,700 yesterday, Bitcoin is still at an important price level, and I see no reason for all this panic.

The reason for the drop was simply that some Exchanges were deliberately pushing the price down (I posted about this in the Wh@tsApp group yesterday).

HOWEVER, despite Bitcoin going lower, Total2 surprisingly remained above $1.59T, which demonstrates incredible strength and is a great sign for Altcoins. It still looks very good.

The ETH/BTC also maintains a level of extreme importance and appears to be quite strong, another reason why I see no reason for any desperation.

Once again, I will go against the majority of my colleagues who look at a small negative thing and turn it into a CHAOS, ignoring all the other positive aspects...

Although BITCOIN has gone lower than we would have liked, it preserves the key level, and as long as it can recover the $112 soon, I see no reason for premature concern; everything else looks very good, and the most likely outcome is a recovery to previous levels.

It is quite possible that I will update one or two charts today; we will have a better view.

In any case, I want to draw attention to an important fact... YESTERDAY I warned in the Wh@tsApp group that late buyers would be hunted, and then the reason for the drop. The group there is FREE; no advertisements or anything like that are posted. The link is in the bio of my IG (INST@GRAM), so I see no reason for people not to participate and stay more informed.

There are comments and posts that cannot be made publicly because they will often be deleted due to content, as there is information that is not public. Also, all the posts I make are sent to one single place.

Maybe you should be there!