BTCUSDT | Flash Crash on ALTs 40-60% | Near Term (1D)

BTCUSDT | Flash Crash on ALTs 40-60% | Near Term (1D)
  • I am thinking that in just a few hours we're going to see the next leg down, before a Thanksgiving day hard bleed down on BTC.
  • This will cause a flash crash on ALTs 40-60%, with over leveraged long retail hopeful on altcoin season.
  • Whales will induce this to cause mass liquidations and stops being hit, just to get the liquidity at lower levels, to then load up, ahead of month end for December
Note
Same period of time as last cycle

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30 MIN TF

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Likely turnaround point

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If not then I'd anticipate the bottom trendline of the megaphone around 95.5k-96k
Chart PatternsTechnical IndicatorsTrend Analysis

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