My opinion is YES. I do not believe in the technical analysis of the market of cryptocurrency. This market is full of manipulations. Big boys make money. Big boys played with stocks, futures, and etc. But these tools do not bring enough profit. Big boys came into the world of cryptocurrencies. They do the same thing before. Earning big money. They are good at it.
You can search for any lines of support and opposition. This is a game of your imagination. Big boys will enter the market with 5000 Bitcoins and after that any trend may be broken.
It's good for us that big wallets do not sell their coins. The reason is only one.
Cryptocurrency will rise in price.
Ukraine. Transcarpathia. Uzhgorod.
You are more than right in assuming that whales will break any lines of resistance that they please, and I do believe we are going back up as well, though I am not sure this is the end of this dip.
We have massive resistance levels to break through beyond the four hour scope, and I would also assume, that any big fish playing this game, are enjoying watching us flounder over a few hundred dollars, and will take that opportunity to make a few million.
Best of luck this season :)
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