Bitcoin has been drifting downward after peaking at 67,000, just as I wrote in my previous post.
The future shape of the graph looks interesting.
The inflow of Bitcoin is strong, and all trading indicators also appear positive.
However, the fact that it is drifting is very concerning.
When there is no rebound and it continues to drift slowly, the outcome is often very negative.
In charts, drifting is really bad.
If it moved up and down instead, it could still go in either direction, but when it drifts, it often collapses suddenly at some point.
Currently, we are in mid-June, and considering the inflow of Bitcoin and the liquidation prices in margin trading, it seems pretty clear where the big whales are moving.
I predict a downward movement within the next 24 hours.
I don’t see any factors that could cause a significant rebound at this moment.
Of course, predicting the future is always done with caution.
I hope this prediction is accurate as well.
