So What #BTCUSDT did is important & What this means for #SHIBA🚀
#Shibarium $BTC $SHIB ...
$BTC Hard Flush to 60000
* Immediate Reclaim
* Now trading at 65347.99
* RSI back above 55
* Big Greenimpulse candle after the low
📌 This is not continuation Dump Behaviour.
This is Classic Capulation ➡️ Relief Bounce.
That 60000 candle was:
* Stop Hunt,
* Forced Liquidations,
* Panic Selling.
➡️ Smart money buys that,not sells into it.
Key #BTC levels that matter now:
🟢 Support Very Strong:
▪️60000-61200 This held on the Flush if this breaks again Different Story.
🟡 Cureent decision zone:
▪️ 65800-66500 if #BTC stalls here➡️ consolidation if BTC breaks above ➡️ Alt bounce.
🔴 Invalidation for Holding Alts
▪️Below 59800 with acceptance until that happens no panic.
➡️ What this means for Shib?
▪️Shib already did it's Panic leg,
▪️Selling SHIB now =Selling after liquidity sweep,
▪️Worst possible time Statistically.
Short term Bullish
#Shibarium $BTC $SHIB ...
$BTC Hard Flush to 60000
* Immediate Reclaim
* Now trading at 65347.99
* RSI back above 55
* Big Greenimpulse candle after the low
📌 This is not continuation Dump Behaviour.
This is Classic Capulation ➡️ Relief Bounce.
That 60000 candle was:
* Stop Hunt,
* Forced Liquidations,
* Panic Selling.
➡️ Smart money buys that,not sells into it.
Key #BTC levels that matter now:
🟢 Support Very Strong:
▪️60000-61200 This held on the Flush if this breaks again Different Story.
🟡 Cureent decision zone:
▪️ 65800-66500 if #BTC stalls here➡️ consolidation if BTC breaks above ➡️ Alt bounce.
🔴 Invalidation for Holding Alts
▪️Below 59800 with acceptance until that happens no panic.
➡️ What this means for Shib?
▪️Shib already did it's Panic leg,
▪️Selling SHIB now =Selling after liquidity sweep,
▪️Worst possible time Statistically.
Short term Bullish