$BTC#Bitcoinhas been moving sideways around $42,000 for exactly 8 days.

- Spot CVD continues to progress horizontally. I especially examined the actions taken after the decline in detail, but I have not seen a large spot purchase for 8 days, even though the price has decreased by 15%.

- When we go into CVD detail, we see that after the decline, large investors increased their savings by making spot purchases. Small investors continue to sell. There is a rotation from small investors to large investors.

- Spot purchasing by large investors is positive, but it is not enough on its own. For the rise to begin, Bitcoin must close above the $43,500 resistance at H4. Unless such a breakdown occurs, it is better to be careful.

- The price managed to hold on to the $40,500 support, but since liquidations are intense under this support, the possibility of the support being broken and the liquidations being cleared is quite high.

- If you want to take a healthier transaction by avoiding high risk, you can wait for the price to reach the $39,000-$37,000 range or break the $43,500 resistance to buy.

- Also, monitor altcoins that have a high correlation with Bitcoin. If you are opening transactions in altcoins according to the direction of Bitcoin, choosing altcoins with high correlation will enable you to open more profitable transactions. In this way, you can make better profits even if your capital is low. #TradeNTell #Btc(₿) #altcoins