Why has Bitcoin not reached 100,000 yet? Have the dealers lost motivation?
The longer the Bitcoin price is sideways, the more chips it absorbs, and the more fiercely it will go up and down.
I found that if there are more short sellers, such as 4 billion, and 6 billion long sellers, what should you do if you are the main force? If it were me, I would first fluctuate for a while, and then pull down unexpectedly to clear out the long sellers, and then go long again to blow up the short sellers, so that I can have the best of both worlds. They pull the price only in a moment. For us retail investors, it is impossible to watch the market 24 hours a day. We may blow up the position when we eat or sleep. They have people who specialize in statistics on long and short positions, and pull up the price while we are not paying attention, and harvest it perfectly in one wave, and pull it up every once in a while. But this position will not be at 100,000, but at a position that we can't expect. Why don't retail investors dare to rush now? It's because everyone knows that Bitcoin will have a callback if it breaks through 100,000. How can Bitcoin go up if retail investors don't get on board? When you get on the train, you will be cut off. When the pie breaks through 10w, it is a historic highlight moment. Everyone is keeping a close eye on this position.
So how can we avoid it?
My personal suggestion is for reference only. You can do short-term trading and don’t think about taking too much in one order. The dog dealers take advantage of our greedy hearts. You can see that there are hundreds and thousands of times of profits issued in the square, but that is only a minority. The real profits are generally tens or hundreds of times and then retreat. So we should not be greedy. Half of the psychological expectations will be enough, or even lower. In this way, the dog dealers will not be able to pull us out. Like guerrillas, they will change places after firing a shot.
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