Where are the big buyers in the market 🤷

Bitcoin is not having an easy time at the moment because it lacks the so-called fat fingers. These highly capitalized market participants create facts and large order in the market. What is currently noticeable on the small time units like the hourly chart, the rests are getting longer and longer.

On the weekly chart, we are close to a new high. The uptrend is intact in all time units and therefore new highs are likely. Even if the fat fingers are missing at the moment, the retail traders manage to buy the market further up.

According to the market technique, when a new high is formed, the SL can be lifted further. The institutional traders often trade exactly according to these simple procedures. So when these important marks are triggered, then it often becomes fast in the market.

A small 6H PG has also formed once again and could be a starting point. Buyers should be hurry because the signal soon runs out of time. The Easter weekend holds perhaps still a surprise.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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