FREE INSIGHT Whales Are Silently Preparing For The Next H | MyCryptoParadise.com
FREE INSIGHT
Whales Are Silently Preparing For The Next Huge Move
- Yello, ladies and gentlemen !
As you can see on the chart below, Purpose Bitcoin ETF flows have registered one of the most significant inflows in its history yesterday, with a total of over 1000 BTC in 24 hours!
Suprisingly, even with one of the largest inflows in its history, this event hasn’t changed short-term price action at all. We are even experiencing a short-term correction down to $36k levels.
How is this relevant to mid-long term market structure?
This means that whoever was responsible for this move did it with extreme care and is likely one of the controlling hands of the market. This specific 24 hours period of high volume inflows gives the market a much higher than expected probability of seeing our massive volatile breakout to the upside on which wise individuals are preparing themselves for right now.
And based on the asset flow graph which you can see here (click it), you can say that the $50 Million that have entered the market as inflows over the last week are likely the initial institutional moves forming a mid-long term bottom as well and that after such a market correction, we are very likely getting ready for action which will send us above our ATH
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