Have a look at classical redistribution schematic. You'll be amazed how similar this is.
2 possibilities. One last up thrust or it's over for BNB.
2 possibilities. One last up thrust or it's over for BNB.
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See the volume spike here. It might be over...
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It's like saying: "Hey, the moment you feel bullish about this, I'm gonna fucking sell all I have to you."
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Not possible, r-right?
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Bitcoin fucked with your senses so much you can't see the most obvious bearishness.
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It seems like Binance is the biggest crypto hater. Why they do this while everyone is celebrating the new bull market?
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They literally printed the most bearish chart I've ever seen in the midst of a "bull market".
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Bitcoin will hold this shit for some time. This little structure shows it.
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I can see volatility coming for this chart but can't tell the direction yet. Probably down. Seller had a lot of time to sell. That's how I think.
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I actually shared a bullish idea about TRX recently which is a similar structure. But details are important. Idk if bullish TRX is possible while BNB goes to zero. It's just charts.
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So it's a breakout of macro downtrend. Looks like one last round. Expect BNB above 400 soon.
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Seriously, who cares about a global casino token? Multi-year bear market is brewing for online gambling.