A Whale position appeared with large buying power again and a strong buying wall in the 60k area with a value of 54m$.
Positive expectations also began to return.
If BTC goes above 60k, the whole market will fly away 🕺
As I have explained, the 59-60k area is the support zone and a buy wall appears with a value of 54M$BTC
It will be difficult for MM to knock BTC below the 55 - 60k area because it simply needs to create a psychological wall. In addition, from 60k to 75k, only 15k -> retails are willing to spend money to buy.
But if it falls to 55 - 60k, retails will look at 50k, 40k or even 15k, then at this time the CME GAP is extremely large, retails will never dare to buy BTC over 70k again.
So if you have any goods, just be sure to keep your hands up 🚀🚀
