Plan for BTC,
Since the Draw On Liquidity is met, a reversal is likely to become before a next expansion until the end of 2025. However, this reversal would likely to be a small retracement on a HTF trend. Another reason is that QE has not been eased, leading to the fact that this pump is just a pump by retails not Whale or Smart Money. On chain data shows that people who hold from 100-10k BTC has been in a neutral state while under 1 BTC has been extremely bullish.
Since the Draw On Liquidity is met, a reversal is likely to become before a next expansion until the end of 2025. However, this reversal would likely to be a small retracement on a HTF trend. Another reason is that QE has not been eased, leading to the fact that this pump is just a pump by retails not Whale or Smart Money. On chain data shows that people who hold from 100-10k BTC has been in a neutral state while under 1 BTC has been extremely bullish.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.