BaroVirtual
⚠ Sufficiently old coins are moving (spent).
- Over the past two (2) days, quite old coins have been deposited on cryptocurrency exchanges, specific coins from the age category: 2y-3y and 3y-5y [hourly inflow]. Such a movement can't be positive in the short term. - Globally, Bitcoin is now dependent on the S&P 500's behavior; accordingly, Bitcoin investors from the above age group expect a further drop in the S&P 500. Some may even be waiting for the so-called "black swan" event. - Such assumptions are not unfounded since the S&P 500 follows the fractals of the previous crisis periods. According to fractal analysis, the stock market expects two (2) more big sell-offs on the following dates: November 22, 2022, and December 23, 2022.