Hey @grok how much Binance makes in fees, spreads, margin and revenue per year or month, are they also the market makers and if so how much they make being a MM ?
Market makers had to push the price of bitcoin as high as it can go, and that wasn’t natural but rather pure manipulation, the reason is simple, there was a big sell order parked at 82k now that liquidity is back to normal, the price is reflecting normal liquidity behavior!
Here is our confirmation that price will go higher: Bitcoin has to break and close on a daily above $82700- $83k
Still need to break above 83k for BTC to actually go higher.. until then I consider this rally today as a pure liquidity sweep, sweeping the shorts and now will sweep the longs!
after all who likes to be on a yacht thinking about their portfolio, selling in September have been a long tradition 😂🤌🏼 Bitcoin back to 65k
Bitcoin is the economy’s release valve l, but this last rally looks like a liquidity grab! Agree or disagree
I see a Head and Shoulders On the Bitcoin chart! Def a retracemnt confirmed by a bearish divergence and high F&G index, the market is really setup to take people’s money.. bears got squeezed, made the bulls believe in a euphoric rally, they opened longs, now the market is swallowing the longs.. classic
If we hit a full blown Bear Market,
$SOL could go as low as $60
DYOR - Not Financial Advice
People hate Bitcoin bears and the bear market and scared to buy the bottom!! Are we close to it yet ?



