We are waiting for October and it fails us
We are waiting for November and it tires us
We are waiting for December and it surprises us
Liquidity is the problem currently
As we have seen countless times this year, Friday night and Sunday night often come with surprise market movements.
Bitcoin dropped more than $4000 within minutes without any news at all.
Why? Liquidity is weak.
And leverage reached high levels in the past days, so it had to be liquidated.
Due to the lack of liquidity, the market becomes like a game of dominoes; it drops $500, followed by fear and panic, and the decline begins for no reason other than the lack of liquidity#BinanceHODLerAT #BitcoinSPACDeal $BTC $BNB $XRP
We are waiting for November and it tires us
We are waiting for December and it surprises us
Liquidity is the problem currently
As we have seen countless times this year, Friday night and Sunday night often come with surprise market movements.
Bitcoin dropped more than $4000 within minutes without any news at all.
Why? Liquidity is weak.
And leverage reached high levels in the past days, so it had to be liquidated.
Due to the lack of liquidity, the market becomes like a game of dominoes; it drops $500, followed by fear and panic, and the decline begins for no reason other than the lack of liquidity#BinanceHODLerAT #BitcoinSPACDeal $BTC $BNB $XRP
