$spk is sitting at a “moneyless” position in terms od liquidation charts for 3 days time frame. If my experience taught me something is that, no matter the coin, the price will hunt the liquidation Value. I’ve said that in the past, and I hope I’m not wrong.
There is too much money sitting way up for this coin, lets see. #SPK🔥
Well, doesn’t matter to me, there is no way a sudden 40 billion volume in one day isn’t correcting + there is no more money up, it depends exclusively from more input, its going back to at leasr 0,032 before growing again.
If thats not whats going to happen, buy it, buy a lot of it, because there is something going one behind the courtains.
(Ps: Check the daily graphic and you will see that this is a very normal behaviour for this coin)
So, apparently $BTC went for the money but looks like that the people who was BTC long from 98k are powerful enough to reject the liquidation (justifyng why trump and microstrategy injected almost 1bi dollars on the market today)
So BTC should make a quick trip upwards to 106-108 and then we will may see some hot news coming up from the whitehouse that would start the next bull run before they dump it all at once at some point.
We will keep looking, I will keep you guys aware of what is going on.
Every single time $BTC crashes it always has to do with some random news. Now the excuse is that Deepseek is so good that made open AI look like shit.
Ok now think about it with me, the largest cryptominer in the world is China, why would a random news about AI crashes BTC?
Nothing! You are right, whales dont get richer just holding BTC forever like you do, but they dont use leverage to make money. As they buy 100,200-800 million dollars of crypto, if btc moves 5% up it would be 40 million dollars in profit for this guy, then he needs to sell it, and thats why everytime BTC crashes they pay the media to use it as a “protection” mechanism.
BTC is bullish af.
Buy the dips, sell a little bit a the highs, repeat this cycle, you will be rich sooner then you think.
Don’t panic, don’t believe at every single thing you see, and look at indicators that will provide some thoughts on whats going on.
As previously stated I recently dropped a liquidation heat map, where I said exactly what is happening now. Just BTC running after money.
This chart below is 24hr time frame.
We can see a strong 98.179 long liquidation avaible from tha last dip. But look how much money is up between 102 and 105, that’s where we are heading back this week.