So how's your digital gold doing?
Funds are buying back at 61,500? 😎
And someone here was going around arguing again, telling us it wouldn't drop lower and now it's to the moon 🤷🏻♂️ $BTC
If I were them, I’d scoop some up and take all these believers down to around 58 (by the way, that's our main forecast 😎) and now the bottom can be considered 49, as a continuation of the next price range. But that's not the point.
There's clear liquidation of margin positions happening, and I'm expecting a rebound in July.
I couldn't care less about the news, I keep saying the same thing, they're created to explain to the retail trader why they've lost (or will lose) their money. It's that simple.
Maybe this rebound will come with the acceptance of the Clarity Act or something else, but if I were in their shoes, that's exactly what I'd do.
I'd pump a bunch of different coins to get the crowd hyped $SYN , create some euphoria (that's needed), and then I'd delist those coins to flush them out.
This scheme isn't new. It's liquidity extraction.
After the bounce, I'd drive all those longs to another lower high and Bitcoin right there too, so the crowd wouldn't even want to spend money, which nobody has anyway, and quietly draw a bottom to eventually head towards some highs. Well, isn't that a plan? 😀
Funds are buying back at 61,500? 😎
And someone here was going around arguing again, telling us it wouldn't drop lower and now it's to the moon 🤷🏻♂️ $BTC
If I were them, I’d scoop some up and take all these believers down to around 58 (by the way, that's our main forecast 😎) and now the bottom can be considered 49, as a continuation of the next price range. But that's not the point.
There's clear liquidation of margin positions happening, and I'm expecting a rebound in July.
I couldn't care less about the news, I keep saying the same thing, they're created to explain to the retail trader why they've lost (or will lose) their money. It's that simple.
Maybe this rebound will come with the acceptance of the Clarity Act or something else, but if I were in their shoes, that's exactly what I'd do.
I'd pump a bunch of different coins to get the crowd hyped $SYN , create some euphoria (that's needed), and then I'd delist those coins to flush them out.
This scheme isn't new. It's liquidity extraction.
After the bounce, I'd drive all those longs to another lower high and Bitcoin right there too, so the crowd wouldn't even want to spend money, which nobody has anyway, and quietly draw a bottom to eventually head towards some highs. Well, isn't that a plan? 😀