🔥Bearish flag - we're definitely heading down | Market mechanics after BTC ETF



I attached a screenshot of the BlackRock BTC wallet on Arkhm to the post.

It clearly shows that the BlackRock balance = BTC chart. In other words, if someone didn't understand, this is not a BTC/USDT chart, this is the balance chart of the BlackRock BTC ETF.

From it, we see both the start of the bearish trend, channels, and more. But in trading, we look at the chart, analyze it, trying to win a probability edge.

In life, it's simpler: a BlackRock fund or investor will come to the office now, buy Bitcoin at the current price, and the chart will rise despite the fact that it will show 10,000% that we are going to fall. Neither trend lines, nor MA, nor indicators will help, nothing, because there’s simply more money.

When retail is dried out to the bone, the growth/fall depends 90% on BlackRock’s buys/sells, which no chart can predict, because it’s impossible to foresee when a big shot will call the office and say: "Steven, I’m taking IBIT for 1 billion, send the invoice," roughly speaking.
BTC2.19%
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