Sad how people reacted when I said BTC will be the best buy at realized price i.e. $24.5k which also is 200 WMA.
Now this Luna dump will surely make me reach my target + Saylor is now in unrealized loss.
$30k support to break pretty soon, I don't wish BTC to go below 200 WMA anytime soon.
There will be a short pump towards $38k before going back to under $30k.
What my exactly expected 2nd target for this dumb to take place is ($28k-$25k), and ($30k) already played out before we get the final draw down. If the institutional and wyckoff schematic accumulation pattern should play in this cycle, I think most retail traders would think that $28k-$25k is indeed going to be the bottom, and eventually there comes the smart money guys to grab all those liquidity and we get a nice retest of the previous ATH.
so the wyckoff schematic accumulation pattern is going to be a 3 legs down from here in View,
1. One already happened the 30k) we just dumb down to
2. Second Would be ($28k-$25k) before we finally get an
3. Unbelievable Smart money concept crush down to ($20k-$19.45k).
These are very critical level to watch in my View.