Is this some whale trying to pump it & failing,or some whale suppressing & dumping it?
Volume too low to draw a conclusion assuming this is bitcoin, if it's not bitcoin then I hope you get raped by a donkey. WOuld appear to be a resistance range of some sort, hypothetically if the dumps are low volume it would mean it will eventually break upwards but if they are higher volume it means that the price will probably break down when buy volume weakens a bit.
Literally nobody cares about crypto. If you weren't mining the shit below $300 you will never make it from crupto. It's over. Institutions don't give a fuck about it. It is a tiny fraction of their portfolio only because it exists and currently trades at high price point.But that price clearly can't be sustained. This last bull run was weird. Did you notice how there was a general lack of interest on spite of hitting all time highs? Then all of the whale wallets that have helt forever started dumping. Completely inorganic manipulated market.
>>61442505>Then all of the whale wallets that have helt forever started dumpingpaper hands shaken out
Think about it. People still gambling on Bitcoin beed ut to go to $200k to do... A 2x! If a 2x is enough to "make it" the you probably have already made it.For everyone else yeh that's nice but you won't make it on this space. Your $5000 becomes $10000? Wow enjoy your used Toyota Corolla.
>>61442513>inactive wallets over a decade old start selling due to available liquidity.>paper handsOk champ
>>61442513Best case scenario is you fo a 2 5x over the course of 20 years. Would that beat inflation?
>>614425212.5x*
>>61442476ust looking at it I'd say it's a resistance ceiling, which would provide context for the drop near the end: Plus the spacing between the last 3 largest greens make me think that last leg was squashed by sell limits. Who tf knows