HOW TO KNOW WHAT INSTITUTIONS ARE DOING
I'm going to teach you something very important: you need to follow institutional investments. To do this, primarily follow what they are doing with Bitcoin, the rest will follow.
To do this, you need to look at a chart: the GBTC. You can then compare it to Bitcoin. The GBTC is an ETF in which institutions invest to invest in Bitcoin. In general, it often leads Bitcoin because institutions drive the crypto market and choose where the highs and lows are. Therefore, by observing GBTC, you will know in advance how institutions are positioning themselves, and you too will be able to know where the market will go in advance.
Also, GBTC trades in the traditional finance market: the market is not always open, which creates gaps (a gap is an empty area between two candles). These gaps tend to be filled, meaning that prices often return to these levels to fill them.
So, observe what happens on GBTC, it will probably help you a lot in your decision-making process.
This post represents my personal views.
Thank you for reading.
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Livio P-V.
$BTC
