$BTC  Retail is still operating under the impression that every dip in #Bitcoin  price is a gift.

Since Monday’s drop below $90K, they’ve been aggressively absorbing every flush, convinced they're still catching the bottom.

They think they're building a floor, but in reality, they’re providing exit liquidity. While the retail masses bid the "discount," the Spot Volume shows the heavyweights are continuing to step away:

Spot Volume Delta since Monday:

Retail:+21% (+$50.4M)

Mid-sized: -3% (-$3.8B)

Institutional: -2.7% (-$5.5B)

"Smart money" has simply been propping price to sweep liquidity. They are engineering a better environment to reload sell pressure at a higher premium.

Pure distribution in plain sight.

#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?