$BTC realized cap change showing we are at another bottom.
Nothing is guaranteed, but the whales are buying this dip.
Can whales be wrong? Ofc. But who do you rather follow?
Retail capitulated. Realized loss for short term holders is spiking to the highs.

🚨 $860.92M in long liquidations from 261000 traders.
If you don't know why we dump. This is the reason enough.
The market is efficient at grabbing liquidity.
$BTC at 84.2K
Whales adding to their longs worth 71500 BTC ~$6B

🚨🚨🚨
US ISM Manufacturing PMI NOV 48.2
Lower than expected.
Rate cut is certain at this point.

🚨🚨🚨
9:45 am S&P final U.S. manufacturing PMI
10:00 am ISM manufacturing
Important data for the FOMC in 2h.

Why is $BTC dumping?
237,903 traders were liquidated , the total liquidations comes in at $784.52 million
You get it?

$BTC at $86.6K
Production cost at $89.1K
Electrical Cost to mine at $71.3K
Just another way to look at things. If there is a value to Bitcoin.
Maybe this is why we see Mega Whales scooping at these prices.
H/T Capriole Investments.

$BTC retesting the weekly close and open of the last 2 weeks.
This is how bottoms are made if it holds here.

🚨 $BTC closed Nov at 90.4K
What do you think about Dec?

QT ENDS TOMORROW.
25 BPS RATE CUT LIKELY ON 10TH FOMC.

$BTC HIDDEN BULLISH DIVERGENCE ON 1W 😌
RETEST OF 100K IS AROUND THE CORNER. SURVIVE THE VOLATILITY.

Today is the First Advent.
Be kind
Spread joy
Build your environment
God bless 🙏

Green or Red line? $BTC

#Altcoins weekly chart looks like this.
Honest question. Is it smart to buy or sell here?
Just based on this chart alone and nothing else.

$BTC looks healthy doesn't it?
Coinbase Premium turning positive
Open interest goes down
Selling pressure turning into buying and shorts are covered or stopped out or liquidated.

#Bitcoin is trapping the Degens. Both bulls and bears.
Soon a real move will happen. Volatility begins in a few hours.