@VNFC
what is stopping me shorting BTC for a while?
Since Sunday, almost all indicators looked for a bearish moment of BTC, so I got out in stable coins. I was right, until yesterday night, when some alerts made me understand that a little grow is coming. I don't say the mid-term trend is not bearish anymore. A just say it will be some opportunities for some small gains, but in time could be helpful. What is distracting me from keep shorting BTC? I sold it at 34 k and it dumped until 29 k. The normal direction is lower, but look what I noticed:
**This is an important indicator for what could happen in the market. Why?** Because it is part of Fundamental Analysis, and when a new 400 million dollars is coming into market, the price will go up. My expectations is to 5-7% for BTC/ETH, at least.
Anyway, this kind of event could reverse a trend, but it's important to evaluate the impact on the market. Few months ago, 100 million could have the same effect, but now, when the price of BTC is 3-4 times greater, is not so easy to move the quotations. The source of this announcements is on Telegram - WhaleBot ALert https://t.me/whalebotalerts Also, when a big amount of BTC is brought to an Exchange, like Binance, Kraken, Coinbase - a down trend could start or get stronger. My point is - pay attention to this whale bot alert and you could gain or save some money. Cheers!
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