Hello everyone, I'm back with more content for you. Read until the end, "especially if you are thinking about the current market".

Keep an eye:

A few hours ago, some analysis and tracking houses identified a movement of BTC from a wallet belonging to German authorities. These Bitcoins are the result of seizures by the German Police (a total of 50000 BTC), two movements were identified that could be initial tests (of 0.001 and 0.011 BTC) in brokers (Kraken and Bitstamp). These movements could pressure the price even further downwards.

Analysis



I can clearly see the supply and demand zones in BTC and how the current movement appears to be more corrective (normal) than a trend reversal. We still have important breakout ranges and as we can see, BTC is still in a safe movement zone. Soon we will reach oversold areas and I intend to accumulate a little more until then. For now, we are halfway in a lateralized zone, which may indicate that current market pricing levels are healthy.

Note: The content above is for informational and study purposes and is not an indication of investments, purchase or sale of assets. It should not be used for commercial purposes and is not consultancy or advisory content. For more information, contact the post administrator.

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BTC: 12uJuXTqRUMQTCLxgW5NSHUcwQWNW4WwDW
USDT or TRX TRC-20: TJg2wFrdXsDPLLLeqXKuxcCA9RAvqpfbUk