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Crypto currency trading calls & stocks.. https://thepandacapital.com/ Disclaimer: I am not a financial advisor, Kindly do your own research when buying or selling any crypto asset. I will not be responsible for any risks or rewards
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68906 coming for btc. Ema 200 on 15 min chart
I wanna explain a very easy concept to all of you. Its related to liquidity and order book.
Lets suppose , if you have 10 billion $ in bitcoin and you want to sell it above 70,000.
Its not possible that they can sell all their bitcoins in one go above 70k as it will affect the order book.
Someone has to buy on the other side in order for me to sell it above 70k.
If you have 10 billion usd in bitcoins. You will sell it in parts. That means off loading 250-500 million $ in one go.
So btc has been trading in the same range since march of 2024.
Good question is, Who is buying at these ranges and who is selling at these ranges? How many wallets / account holders are dumping big amounts vs alot of people dumping bitcoin in small amounts?
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If doge coin close above 0.1725 today. 26 cents coming.
If not. 24 cents is easy for doge.
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BTC on weekly chart.its about to close in 3 hours. the long wick to the upside shows us the selling pressure with low volume means the momentum is getting weaker.
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btc/usdt 8 hr chart! 64460-65523 ,,, if this doesnt hold then 63420 very much on table.
Back in march i shared crucial levels for bitcoin. First was 49,920.
Bitcoin hit 48,888.
The second level was 39,000-45,000.
Make sure to buy more bitcoin whenever that time comes. That doesnt mean you sell out of fomo right now. If your strategy was holding bitcoin then stick to it but do make sure to take the advantage of whatever the market is offering.
We got external liquidity and the last pump was literally exit liquidity.
