$BTC: How Whales Look at the Monthly Close @ Monthly Close Theories
1. A close above 89.400 is positive, indicating a potential rise to 103.700. This positivity is confirmed by a hold above 91.700, followed by a rise to 95.750.
Second Theory
2. A close and hold at 86.400 suggests sideways movement. This anticipates a potential drop to 74 and 69. The movement would then be sideways within a range of 88.400 to 83.370. The holdout level must remain stable at 86.400. This would lead to a decrease in Bitcoin's holdings to the 58.55 area. It would also give altcoins a three-week rally until Bitcoin consolidates.
Third Theory @
3. This is the most dangerous and comprehensive scenario: a clear monthly close below 86.400 would signal a decline in holdings. To 57.30
The swing is confirmed to levels of 69, 66, and 62, from which it rebounds, coinciding with Ethereum's drop to 2.270.
This timeframe theory is limited to ten days. Its purpose is to eliminate short-term traders and provide consolidation zones for Bitcoin and Ethereum whales. If I were the market maker, I would use theory number 3.
