Without major corrections #Bitcoin continues according to the classic "pain scenario for short sellers". It is visible how buyers are gradually absorbing sell orders and supporting the price from the bottom. Such moves usually do not end quietly — they typically end with an impulse, a wave of liquidations and capitulation of shorts.Expectations are quite simple - first a slow march upwards on short liquidations, then a series of strong news - Iran, Clarity Act, reserve #BTC - and when there are almost no shorts left, there will be fewer and fewer reasons to open new positions, bearish sentiment will begin to turn into full #FOMO.
And then the market may collide with reality... that is, with the consequences of war, inflation and expensive energy... #CryptoSoon #Altcoins #Altseason #DeFi #WEB3
