WyckoffMode

Bitcoin Sideways Remainder of February While Dumping #&@% Coins.

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BITSTAMP:BTCUSD   Bitcoin
Which means we may not have as much of a drop (at least not at the moment) before going up HARD in March. It makes perfect sense to me for BTCUSD to go sideways within a relatively tight trading range for a while to keep its losses at a minimum in USD and USDT value.

WHY???

They need to drop #&@% Coins MORE in USD and USDT value.

WHY???

So, they are able to drop #&@% Coins MORE in BTC value.

WHY???

TO ACCUMULATE BITCOIN...

WHY???

In preparation for the HARD Pump in March, 2020 before they begin consolidating Bitcoin for USD somewhere between the last week of March and second week of April.

It's POSSIBLE we get a falling knife shakeout for BTCUSD the last couple of days in February -OR- first few days of March before going up HARD in March with BTCUSD.
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It's possible to revisit $9,600... It's just too hard to say...
For now... they cannot afford to drop BTCUSD too much WHILE dropping shit coins in USD value.
They MUST drop shit coins MORE in USD value in order to drop those shit coins for bitcoin.
When I say, "...for bitcoin" I'm referring to ACCUMULATING BITCOIN.

If they drop BTCUSD TOO MUCH, that means they have to drop those shit coins EVEN MORE in order to accumulate more Bitcoin when they dump those shit coins.
So, it's in their best interest NOT to drop bitcoin in USD value "more" than dropping shit coins in USD value. Cause doing so would create too much of a panic in Shit-Coin/USDT pairs and it would defeat their purpose of accumulating more bitcoin. It would force them to compete with too many people for those bitcoins if they create a panic. Hence, the reason for them NOW STAIR STEPPING DOWN the shit coins in BOTH USDT value -AND- BTC value.

They are slowly accumulating Bitcoin by slowly dumping those shitcoins for bitcoin. They are also slowly accumulating USD Tethers by slowly dumping those shit coins for USD Tether in order to use those USD Tethers to go up HARD in the month of March.

Make sense?
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They are accumulating USD Tethers now to take BITCOIN UP HARD in the Month of March... Just thought I would mention that for clarification of the last sentence in the previous post.
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We should likely expect top 12 to 15 Alt-Coins; such as ETH, LTC, ADA, etc... by market cap to fall more than BTCUSD currently. Not only to accumulate more Bitcoin BUT ALSO TO ACCUMULATE MORE USD and USDT. They will use the USD and USDT to help them pump BTCUSD before they consolidate BTCUSD. Ultimately, EVERYTHING ENDS UP FUNNELING INTO BITCOIN FOR CONSOLIDATION BEFORE THE BLOCK HALVING.
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A closer look with the 12h TF:


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