So the orange version is in play now. It dropped a bit more than i expected with a quick dump that happened in seconds. But eventually it went up again like nothing was wrong. Now when looking back at the previous 2 rallies, we can see it's likely that we are in the yellow circle now. This means that we need to stay above the 5700ish. Yesterday we had the Binance hack news, the market dumped but it's already back up like nothing is wrong. Just like with the Bitfinex issue a few weeks ago. The market clearly is not impressed by all this. There is just no other conclusion we can make here. Like a group of whales who don't give a F about anything, they just want to move this market up against all basic TA signs. Maybe it's even the same people who pushed the market up back at 4000 to the 5K. Already a huge profit so more than enough ammunition to risk supporting the price here and squeezing it up in the 6K zone and cashing out there. If this theory is right, we should expect that if they fail and the market starts to drop , that they might cave in and dump it all and see one hell of a dump. I think this won't happen until the 4800/5100 breaks.
