$BTC: LARGE WITHDRAWALS AND LONG UNLOADS CREATE A FOUNDATION FOR A STRONG REBOUND
IMPORTANT: Significant withdrawals of Bitcoin from exchanges were recorded over the weekend, and long positions have gone into negative territory. This creates a strong foundation for a rebound. In the second half of Sunday, I expect an increase in volumes and strong movement.
TECHNICAL PICTURE:
The global uptrend is successfully maintained
acts as a "squeeze" before the impulse
break of the local downtrend section with consolidation
Targets: $97,000 – $100,000
KEY METRICS:
Large withdrawals from exchanges continue $BTC
Long positions are unloaded and in negative territory
"Squeeze" of the price increases the likelihood of an impulsive movement
SCENARIO FOR GROWTH:
Increase in volumes in the second half of Sunday
Break of local resistance with consolidation
Return and consolidation above the global trend
Movement towards targets $97,000 – $100,000
STRATEGY:
Readiness for entries upon trend break
Accumulation of promising altcoins in anticipation of movement $BTC
CONCLUSION: Disciplined waiting for the break and growth in volumes will open the way for market recovery.
📊 Your guide in the world of crypto profit - VladCriptoBOS.
#btc #rebound #trend #altcoins
