Unfortunately, we could have had a good run for #bitcoin and alts if the German government hadn't sold such a massive chunk of $BTC - dumping approximately $195M in value. The worst case is that they are still planning to sell around $3.05B in the next scheduled round. When? We do not know, I hope it does not come anytime soon.

Still, I think we are getting closer to seeing some relief as $USDT.D formed a bearish Bat pattern in the D1 chart and Gann's reversal date is approaching, where a bullish run for digital assets is speculated while the opposite is expected for the dollar.

The POC is still below at 4.54% on the H4 TF and 4.39% on the D1. Much of what I expect to see is for $USDT.D to go down to these levels. Targets for completion of the Bat pattern are at 4.62% and 4.32%.

The worst case for #BTC is 60K-63K.

#DYOR #NFA
#bitcoin #BTC