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CRYPTO MECHANIC
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What will be your reaction if
#BTC
closes the weekly candle below $31k ?
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BTC
93,270
+8.59%
5k
0
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CRYPTO MECHANIC
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If you missed the move, just accept that you missed it and it came out of nowhere. There is no need to rush for anything. A good trader can always create opportunities. Doesn't matter at higher prices or low. This move came on sunday When liquidity is low Order books are thin Heavy amount of shorts liquidated into thin orderbooks. No fx broker open CME closed Hedge funds closed ETF closed. If you missed it, Give it time and reevaluate everything.
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I saw a post circulating earlier today that someone opened 50x leverage position worth $200M Long on Ethereum and BTC. His Ethereum entry was $2196 BTC entry $85880 A 50x leverage means -2% move in market and the position would be liquidated. After these trump posts and the Crypto pump. I now think maybe this guy knew something that we didn't. How someone can risk millions while everything was clearly heading down. Do you think it was insider trading?
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Another one from Trump He now mentioned Bitcoin and Ethereum for strategic reserves.
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They wanted to have the control over this market and so far they are going well on it. Just one post by Trump and everything sky rocketed.
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Isn't it funny the president of America is shilling Sol , ADA and Xrp ? 😂
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