ospreyeye
Nov 15, 6:54 PM
$BTC.X >> THIS HAS ME WONDERING WHAT'S REALLY GOING ON 🤔
Look 👀 at the volume bars 🍸
Notice the pump, typical crypto/former penny stock type manipulation, followed by a huge dump on massive volume
The most logical and least controversial explanation is the dump is distribution being done by people raising funds for the Anthropic IPO / that makes the most sense
The darker side is this is a major unwind and deleverging of risk before a bigger decline in the market
Only time ⏲️ will tell / volume precedes price and so far volume is telling us there are some big market moves coming
As always just follow price, tune out the chatter, and ALWAYS FOLLOW THE CHARTS!
$SPY $QQQ $MSTR $COIN
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