As the post at Feb 3 said, the market has a big potential to go down, or, you can say, CLEAR BEAR and it does happen. The reason behind this is simple:
TOTAL MARKET EQUITY has been dropping massively since then.
Why?
Instutional play, they are focusing on accumulating BTC. Yes, that shii including selling it too.
.
.
Future Forecast
Based on the current condition, we might see a move around 660 Bill. Am I positive about it? Nah, but we will see what happens. BTC has a strong demand at 78K and it shows a strong pullback. Yes, institutional keeps accumulating. Again, another BUT, the biggest area of interest for BTC is 73-67K.
Trade responsibly, take care
XCO
TOTAL MARKET EQUITY has been dropping massively since then.
Why?
Instutional play, they are focusing on accumulating BTC. Yes, that shii including selling it too.
.
.
Future Forecast
Based on the current condition, we might see a move around 660 Bill. Am I positive about it? Nah, but we will see what happens. BTC has a strong demand at 78K and it shows a strong pullback. Yes, institutional keeps accumulating. Again, another BUT, the biggest area of interest for BTC is 73-67K.
Trade responsibly, take care
XCO
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