They are trying to shake out the market
Diupdate
Since last year most cumulative trading volume within BTC was in the range 30k-40k. Why would institutions buy-in within this range if they expect a drop to 20k or 10k? Because it won't and they don't expect it (this year).
Catatan
The question is, can they shake you out?Catatan
Strong bounce at 29-30k zone. I think we can reach new ath in next few monthsCatatan
ath reached and broken, next target: 100k probably in november
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