$BR DEAD? ‼️
Guys, did you see why $BR pumped and then dumped? Let me explain everything from the beginning.
When $BR first started moving up slowly, I gave the buy signal both privately and publicly. At that time, because of the upcoming token unlock, most traders were opening shorts.
Then $BR pumped hard and liquidated a huge number of shorts.
After that, the market flipped most traders started going long. And what happened next? $BR crashed almost 80%, back toward the $0.20 area, wiping out a lot of longs.
Now there are still more than 4 days left before the token unlock, and once again I’m seeing a lot of traders opening shorts expecting the unlock dump.
But that’s exactly why I think the game may not be over yet.
Before the bigger crash, $BR could pump again to liquidate more shorts first.
NFA. DYOR.
Guys, did you see why $BR pumped and then dumped? Let me explain everything from the beginning.
When $BR first started moving up slowly, I gave the buy signal both privately and publicly. At that time, because of the upcoming token unlock, most traders were opening shorts.
Then $BR pumped hard and liquidated a huge number of shorts.
After that, the market flipped most traders started going long. And what happened next? $BR crashed almost 80%, back toward the $0.20 area, wiping out a lot of longs.
Now there are still more than 4 days left before the token unlock, and once again I’m seeing a lot of traders opening shorts expecting the unlock dump.
But that’s exactly why I think the game may not be over yet.
Before the bigger crash, $BR could pump again to liquidate more shorts first.
NFA. DYOR.
