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
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!
