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Bk_2.0
Bk_2.0
$BTC Price recovered from 78.8k to 82k in a single pump, mostly derived by a news event (clarity act). Ol is pumping meaning lots of aggressive longs entered on the move, Perps bought aggressively, but Spot just went negative while price pumped, Which shows a major divergence, where spot sellers were dominant throughout the entire recovery, meaning the entire move was perp driven and is likely to get retraced. Which we are seeing rn, as price is down to 81.2k. We saw something similar previously as well when we rejected near 82k, and it's happening again. I am expecting a dump to sub 81k then bounce, if we don't see spots participating there. Then we will be going sub 80k again and potentially test 78k-79k before continuing higher. Though if we see spot participating with Ol rising, I am expecting it to break through 82k and sweep the highs (82.8k).

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