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MarketPullback
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By the way, we've done some observation and found out things that might be the factor of today's drop in BTC 1. Tomorrow is the FOMC and as I always stated that even if we have rate cut tomorrow, market will wait for some times to digest whether nothing is broken structurally along with the rate cut. That's why big players are derisking their position slightly before FOMC. It started earlier when big players was closing their position as detected by our system. 2. Another old BTC has just been moved 2 hours ago, highly likely that this action is distribution from the long term holders. 3. Some DATs are selling their crypto. Just few minutes ago, Sequan just sold their BTC holding. Yesterday, we see that some ETH DATs also sold their holding to buyback their stock. This action is sending fear of DATs bubble across the market. Once again I tell you, this is just a short term noise and I see there is probability that price can head lower because lack of demand in this specific price range. #nomaeffect #WriteToEarnUpgrade #MarketPullback #FranceBTCReserveBill #AltcoinETFsLaunch
noMAeffect
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FranceBTCReserveBill
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AltcoinETFsLaunch
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