November 30, 2020

Support for BTC is just around the corner.

Entering an incentive package = introducing new liquidity = introducing a fucking cloud of dough.

This means that on the BTC incentive package will probably try to break through the 12k level.

At the moment, the volume of transactions on BTC is not large -it scares. But open interest on Binance is growing, given that last week, sellers prevailed in terms of volumes (by the way, shorts have grown a lot over the past 3 days), and today the volumes are low, then most likely those who wanted to sell earlier have sold and now buyers do not encounter much resistance ...

BTC is growing today only following risky assets.

Therefore, I try to gradually enter BTC in anticipation of the incentive package.