How whales will use this large accumulation
1) I am confident in the medium-term BTC decline below $ 9000.
2) But that will not happen so simple. Whales will not take with them all this SHORT traders that entered in this accumulation. So, first we go up (above $11000) - eat stop orders of all SHORT traders.
3) After $ 11,000 everyone will scream about to the moon.
SHORTS unloaded + LONGS loading by the FOMO = Ideal for falling below $ 9000.
SO
Short term: Ride to 11000 and above.
Medium term: Rough change of direction and fall below 9000.
2) But that will not happen so simple. Whales will not take with them all this SHORT traders that entered in this accumulation. So, first we go up (above $11000) - eat stop orders of all SHORT traders.
3) After $ 11,000 everyone will scream about to the moon.
SHORTS unloaded + LONGS loading by the FOMO = Ideal for falling below $ 9000.
SO
Short term: Ride to 11000 and above.
Medium term: Rough change of direction and fall below 9000.
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