ππ«π²π©ππ¨ πππππ‘ππ« π π¨π«ππππ¬π Market has been in pain for some days and IΒ΄ve been expecting to visit the 42K levels since Thursday, still, I am not happy that I was right.... again.... We are not yet at the real panic selling level, but damn we are getting close: Data from Glassnode showed that on 8 April, more than $1 billion worth of BTC flowed into the exchanges, but only about $908.8 million came out. With more than $354.6 million left in the exchanges, we can safely conclude that many investors are indeed selling. I expect selling to go crazy once we break 41.7K ....but I also am not certain that itΒ΄s gonna happen....we are now at the turning point. Remaining above 42K allows a pump back up, dropping below will take us down to 39K, which I assume will cause a bounce due to the psychological impact of seeing BTC below 40K. I for one will start buying as soon as we drop below 41K BTC. #Crypto #Bitcoin #BTC
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