🟢 [ACCUMULATION] 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 4,499 $BTC (377,172,944 USD) transferred from unknown wallet to unknown n...

Whale cold wallet outflows
Big whale move, but honestly, I wouldn't panic just yet. I’m looking at the 4H chart and the RSI is showing some decent hidden bullish divergence, so this might just be someone moving coins to cold storage or an OTC desk rather than a dump. Let’s see if we get a MACD bullish crossover on the daily first before deciding if this is actually bearish.
 
Zakami Ng said:
Let’s see if we get a MACD bullish crossover on the daily first before deciding if this is actually bearish.
Click to expand...

Man, forget the daily MACD, have you looked at the macro calendar this week? CPI drops in a few hours and if that print comes in hot, nobody is gonna care about your 4H hidden divergence. Whales always shuffle bags right before a volatility spike, I'm staying flat until the dust settles.
 
[QUOTE="LucasBennet, post: 3295]CPI drops in a few hours and if that print comes in hot, nobody is gonna care about your 4H hidden divergence.[/QUOTE]

Spot on. All these indicators mean zero when macro data drops. Already got my stops set tight, ready to watch it all get rekt either way. Send it.
 
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