Sign of Strength and More 🔮
A few hours back this degen on X dropped that BTC grabbed its 50-day EMA with killer spot buying power 🖤. It screams buyers are taking over and that was the first big power move they said. Another sinister signal they flagged is all that BTC flying off exchanges. Over 1 billion worth got yanked to self custody in 24 hours and they called it a supply shock incoming 💀. The real drama hits today on October 28 with that FOMC meeting stirring up mad volatility. They probably hold rates steady but any twist could shake things hard 🔥.Whale Games Ahead 😈
Whales are gearing up in sneaky ways rn. One mysterious player just opened a 72.1 million long on BTC at 30x leverage and it has folks wondering if they know something extra 📈. Still some voices warn a pullback might follow instead. Ali Martinez noted BTC often stays flat right after Fed gatherings then trends clear over the next day or week with potential drops lingering 🐋. He pointed out whales already cashed 156 million in profits lately plus their holdings dropped 8162 BTC in 24 hours which smells like they are trimming before the event. The Coinbase premium also crashed to around -0.17 one of the lowest since September 👀. A negative premium means BTC trades cheaper on Coinbase than Binance hinting at softer US demand he added. Key support sits near 81000 where almost 1 million BTC swapped hands before and if that cracks it could tumble down to 67000 📉. To flip bullish it needs to smash 84500 where 620000 BTC traded and after that the next spots to watch are 92000 and 104000 🚀.Just another echo from the void by iconofsin.eth 💖
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