Post #1271283: Bounce on #bitcoin inc. Bullish Divergence +…

Bounce on #bitcoin inc. Bullish Divergence + Falling Wedge on CVD. Market is oversold. Note: I am not trading this. I'm sitting in my swing shorts.

Bounce on #bitcoin inc. Bullish Divergence + Falling Wedge on CVD. Market is oversold. Note: I am not trading this. I'm sitting in my swing shorts.

Apr 20, 2023 08:39 AM |

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WolfOfPoloniex @wolfofpoloniex

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Since 2020, Binance is increasing its Bitcoin holdings and is now in first place among exchanges with a balance of 703k BTC. The second place is Coinbase with 462k BTC, and the third place is Bitfinex with 320k BTC.

Spot CVD started selling again. Mainly Bitcoin & Ethereum were the ones to pump, altcoins stayed stagnant. This is confirmation that this was just a short squeeze on the maincaps. For now, seems like party is over. Increased leverage to 2x and

Billions of dollars have been withdrawn from Binance while the price of Bitcoin continues to plummet. This is a big red flag. This sort of behavior happens during insolvency / legal risk. To top it all off, withdrawals have stopped TWICE. Play it

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