You feel desperate, fear, uncertain. That is why all the market right now in the Extreme Fear stage

Whose manipulating the market? Is it Elon or BlackRock or other people? 

Don't look for reasons, look into the chart. Everything else is just Noise.

 

Chart A: Forming Double Bottom scenario (Bullish sign)

Looks similar to textbook examples of Double Bottom:

 

2nd Reason why we are Bullish:

Everyone is shorting, even this guy

Most Social Media are in extreme fear right now, and they are shorting or selling. 
Another thing Glassnode statistics showed is that all new wallets 1-6months are the most sellers. 

Whales accumulating... they see something big coming. They are sending their FUD news to shake out weak hands.

Moving Their BTC out from Exchanges, highest record since Nov 2020! We all know what happened after Nov 2020.

Credit: https://www.tradingview.com/u/WyckoffMode/

Stock-to-Flow model

 

 

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.