This post is super subjective, so if you're looking for objective analysis, take the exit to the left. Here’s a review of Bitcoin’s main capital operations over the past 180 days: This post might only make sense to old followers; new followers probably won’t get it. Lately, I’ve been using valuescan to monitor the main capital movements. Back on June 6, I mentioned I couldn’t figure it out— why the big players didn’t sell everything and kept half. Now I get it. This bear market’s B-wave rebound was mapped out six months in advance. Why did it play out this way? Because the big players are drawing lines based on the U.S. stock market. If the U.S. stock market doesn’t drop, BTC wouldn’t dare to fall on its own either. This bear market’s B-wave formed a super complex 3-3-5 corrective wave, and the 3-month rebound (July, August, September) basically cleared out all the chips accumulated over the past six months. The next few months are going to be interesting to watch. #BTC #ETH
