1/6 Since last Sunday, the #bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> price went from >$60k to <$50k in a dip that scared some (newer) market participants

Who were selling here, and are they done selling? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal">

A small https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread"> using @whale_map data to zoom in on the price action of this last week
1/6 Since last Sunday, the   #bitcoin  https://abs.twimg.com/hashflags... draggable= price went from >$60k to <$50k in a dip that scared some (newer) market participantsWho were selling here, and are they done selling? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal">A small https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread"> using @whale_map data to zoom in on the price action of this last week" title="1/6 Since last Sunday, the #bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> price went from >$60k to <$50k in a dip that scared some (newer) market participantsWho were selling here, and are they done selling? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal">A small https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread"> using @whale_map data to zoom in on the price action of this last week" class="img-responsive" style="max-width:100%;"/>
5/6 This dip started with older https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal">s taking profit, creating a cascading effect of profit taking all the way to capitulation by newbie https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal">s

The good news; the Spent Output Profit Ratio (SOPR) has completely reset, which means that profit taking is now neutral (which is bullish)
5/6 This dip started with older https://abs.twimg.com/emoji/v2/... draggable=s taking profit, creating a cascading effect of profit taking all the way to capitulation by newbie https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal">sThe good news; the Spent Output Profit Ratio (SOPR) has completely reset, which means that profit taking is now neutral (which is bullish)" title="5/6 This dip started with older https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal">s taking profit, creating a cascading effect of profit taking all the way to capitulation by newbie https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal">sThe good news; the Spent Output Profit Ratio (SOPR) has completely reset, which means that profit taking is now neutral (which is bullish)" class="img-responsive" style="max-width:100%;"/>
6/6 Furthermore, to close this https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread"> off, the price action over the past week has created new clusters of large https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal"> addresses with a fresh new realized price and profit status that may be the https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal"> HODL& #39;ers of the next leg up - and/or beyond
6/6 Furthermore, to close this https://abs.twimg.com/emoji/v2/... draggable= off, the price action over the past week has created new clusters of large https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal"> addresses with a fresh new realized price and profit status that may be the https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal"> HODL& #39;ers of the next leg up - and/or beyond" title="6/6 Furthermore, to close this https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread"> off, the price action over the past week has created new clusters of large https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal"> addresses with a fresh new realized price and profit status that may be the https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal"> HODL& #39;ers of the next leg up - and/or beyond" class="img-responsive" style="max-width:100%;"/>
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