This week, many players lost their fortunes as a result of a cascade of selling in the cryptocurrency markets, and at the same time everyone started talking about a prolonged downtrend.
However, research firm Chainalysis shows that professional investors used the crash as an opportunity to start buying at low prices.
Big investors bought 34,000 bitcoins in the Wednesday crash, according to Chainalysis.
Most likely they will not let the price go below 29,000 and will continue to buy. I believe there will be a second breakout attempt and something like a double bottom will form.

buying by pattern W. Waiting for him . The chart shows an approximate model.

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