$BTC How is the monthly closing from the whales' perspective @
Monthly closing theories
1_Close above the level of 89.400 is positive for a rise to 103.700 and confirming the positivity by pivoting above levels of 91.700 and then rising to 95.750
The second theory
2_Close and pivot at the levels of 86.400 lateral movements
In anticipation of bearish areas down to levels of 74 and 69, and here the movement will be lateral in the range from 88.400 to levels of 83.370
The pivot area must be fixed at 86,400, which gives us a drop in Bitcoin acquisition to areas of 58.55.
It will give you a rise for alternative currencies for three weeks until Bitcoin stabilizes.
The third theory @
3_It is the most dangerous and comprehensive where the monthly closing is clearly below the 86,400 area, and here the acquisition drops to 57.30.
The target is confirmed to levels 69, 66, and 62 and bounces from there, coinciding with Ethereum's drop to 2,270.
This time theory is limited to a duration of no more than ten days.
Its purpose is to extract immediate traders and provide concentration areas for Bitcoin and Ethereum whales, and if I were in the market maker's position.
Work with theory number 3 @
