BTCUSDT | Flash Crash on ALTs 40-60% | Near Term (1D)

BTCUSDT | Flash Crash on ALTs 40-60% | Near Term (1D)
  • I am thinking that in just a few hours we're going to see the next leg down, before a Thanksgiving day hard bleed down on BTC.
  • This will cause a flash crash on ALTs 40-60%, with over leveraged long retail hopeful on altcoin season.
  • Whales will induce this to cause mass liquidations and stops being hit, just to get the liquidity at lower levels, to then load up, ahead of month end for December
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Same period of time as last cycle

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30 MIN TF

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Likely turnaround point

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If not then I'd anticipate the bottom trendline of the megaphone around 95.5k-96k
Chart PatternsTechnical IndicatorsTrend Analysis

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