$BTC: How Whales Look at the Monthly Close ๐Ÿ‹๐Ÿ“Š


Theory 1 ๐Ÿ“ˆ


A close above $89,400 is positive, indicating a rise to $103,700. ๐Ÿš€




This is confirmed if BTC holds above $91,700, followed by a rise to $95,750. ๐Ÿ“‰โžก๏ธ๐Ÿ“ˆ




Theory 2 โš–๏ธ


A close and hold at $86,400 suggests sideways movement. โ†”๏ธ




This could lead to a drop to $74,000 and $69,000, with BTC moving sideways between $88,400 and $83,370. ๐Ÿ›‘




The 86,400 level must hold for this to play out.




If this happens, Bitcoin holdings may decrease to $58,550. Altcoins could enjoy a 3-week rally until BTC consolidates. ๐Ÿช™๐Ÿ“ˆ




Theory 3 โš ๏ธ


The most dangerous scenario: A clear monthly close below $86,400 would signal a decline in holdings. โฌ‡๏ธ




This could lead to drops to $57,300, and further swings down to $69,000, $66,000, and $62,000. ๐Ÿ›‘




There could be a rebound at these levels, coinciding with Ethereumโ€™s drop to $2,270. ๐Ÿ’”




This scenario is limited to 10 days, targeting short-term traders and providing consolidation zones for Bitcoin and Ethereum whales. ๐Ÿ‹




If I were the market maker, I'd use Theory 3. ๐Ÿ“‰

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