I’m focusing as I’m deep scanning on the daily timeframe and comparing it to my whales manipulation. There is a set date to reach to 70k.
Despite the bearishness on BITCOIN like it reads. It’s only bearish for one reason and that’s because of smart money manipulation. What did manipulation do to TA? Went BEARISH and we blame it on volume? Indeed, who controls the volume? Smart money.
Can anyone explain how can money power move the trends to as high as anyone wants or to its lowest.
Smart money can dictate what it wants. All we have to do is follow them.
I’ll explain how the whales course worked out. While BITCOIN was still declared bearish, whales manipulated on 7/4 all the way until 7/29, was to last longer but ended because of retail FEAR.
Manipulation according to whales, comes with bull runs and plenty of downtrends.
7/4 BITCOIN was at $56,749 which was the beginning of manipulation. price fell to $53,505.
What did the herd say? CRASH, did it fall any deeper? NO
Then from $53,505 BIT moved up to 70k which was on 7/29.
Manipulation had not ended but retail sold for profits on 7/29 then the trend moved down to $49,021 on 8/5 which was then the start of whales involvement to manipulate again on 8/5.
8/5 brought bitcoin down from $58,321 to $49,021. This was whales day for PAYBACK because retail sold on 7/29 which could have gone to a new ATH.
Trend moves up after 8/5 from $49,021 to $62,790 and dropped today to $56,050.
What do we learn from this?
This started on 8/5 one day difference from manipulation which was on 7/4 and where do you think BITCOINS PRICE will be on 8/28 because I’m reading the same whale signal from JULY 4.
This is the reason why I mentioned BIT to reach near 70k as an estimate by 8/28 or sooner.
In this new whales manipulation, I’m counting the same days from prior.
This same algorithm took place in JULY.
ANY QUESTIONS