While everyone is panicking, whales are quietly buying BTC.
$BTC is going to pump. Long Opportunity.
Entry: $63,200
SL: $60,600
TP1: $68,500
TP2: $74,500
Time Frame: 4 Hour Chart
My Analysis:
RSI bouncing from 38 on the 4H + double bottom holding at $60,750 with two precise rejections + whale wallets accumulated 270K BTC in the last 30 days worth over $23B. Exchange reserves just hit a 7-year low at 2.21M BTC. Less supply on exchanges than almost any point in the last decade. Smart money is absorbing every single dip while retail panic sells into extreme fear. This is a textbook supply squeeze waiting to ignite on the next volume spike.
The exact same setup printed in 2019 and 2020 after extreme fear. History rhymes.
Disclaimer: This is my personal analysis. Do your own research as well. Never invest money you cannot afford to lose.
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