$BTC The mistake many traders made today was believing that pausing interest rates meant cryptocurrencies would automatically moon.
However, this was a classic whale trap designed to pump liquidity and drive prices up, only for them to exit the market abruptly and leave retail traders holding the bag as prices crashed. Whales know that Bitcoin, for instance, still needs to continue its corrective downtrend toward $68,000 in the coming days.
enter SHORT with stop loss at 83000
TP1: 79500
TP2 : 78000
TP3 : 77000
However, this was a classic whale trap designed to pump liquidity and drive prices up, only for them to exit the market abruptly and leave retail traders holding the bag as prices crashed. Whales know that Bitcoin, for instance, still needs to continue its corrective downtrend toward $68,000 in the coming days.
enter SHORT with stop loss at 83000
TP1: 79500
TP2 : 78000
TP3 : 77000
