RA7
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Bearish
$BTC The outflow of BTC ETFs has begun, funds are fixing profits, and Longs are waiting for a miracle, but the miracle for them will be in the form of liquidation. Soon we will break through 90k, and then a real holiday of fear will begin, and the fall after breaking through 90k will go faster and panties will fly. For altcoins to grow, BTC needs to fall to about 70-80k, and with a possible recovery of BTC, and there will be growth in altcoins. You all noticed today how BTC fell, and altcoins stood still!?
The reason is simple, as I wrote in previous posts, first the altcoin falls to the bottom, then BTC corrects after it, and now the correction of BTC has just begun.
This situation is not the first time repeated on the market, anyone who closely follows the market has already observed this. A few words about the BTC reserve for the US and why paying off US debt with BTC is a utopian idea.
1 - there is not enough liquidity to sell without crashing the market and keeping the price.
2 - most of the liquidity for buying comes from the US and is borrowed, in fact, the US borrows from itself to buy BTC, then sell BTC and pay off its own debt. Paying off debt with debt, isn't that crazy?)
This week will be hot, hold on to your panties tight.
The reason is simple, as I wrote in previous posts, first the altcoin falls to the bottom, then BTC corrects after it, and now the correction of BTC has just begun.
This situation is not the first time repeated on the market, anyone who closely follows the market has already observed this. A few words about the BTC reserve for the US and why paying off US debt with BTC is a utopian idea.
1 - there is not enough liquidity to sell without crashing the market and keeping the price.
2 - most of the liquidity for buying comes from the US and is borrowed, in fact, the US borrows from itself to buy BTC, then sell BTC and pay off its own debt. Paying off debt with debt, isn't that crazy?)
This week will be hot, hold on to your panties tight.
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