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BTC TO BLAST THROUGH 71k TONIGHT ACCORDING TO THIS CHART๐๐๐
BTC
TO BLAST THROUGH 71k TONIGHT ACCORDING TO THIS CHART๐๐๐
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Someone just bought 1200 BTC - 3x Daily Issuance I am stacking, even while we dip ๐๐๐
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#Bitcoinย first target hit - a bit more pain needed to go up again???
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BREAKING: #MicroStrategy acquired an additional 122 BTC for $7.8 million and now holds 214,400 BTC.
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2) **4๏ธโฃ The Test of Patience and Strategy** A market trading sideways can test the seasoned traders, it will remain irrational far longer than your expectations. This is a place where immature traders give up money to the patient traders. Recognizing and respecting the range-bound market is key to survival and eventual success, the inevitable is always a breakout.. thereโs no need to be irrational, the cake will be tasty when itโs iced ๐ **5๏ธโฃ Thrills in the Quiet** If you're after the thrill of trading, it's often found within a sideways range with tight price action. **Here, chart patterns slowly reveal, then change and re-form again with other chart formations, stop losses are triggered with no technical reason, fakeouts happens and the true lessons of trading are learned ๐จโ๐** And when the primary assets finally show their bias, especially in altcoins, the market instantaneously can turn from being referred to as boring to booming, with headline news everywhere. Remember, a learning ground for real traders can be boring for the rest whom arenโt willing or here to learn ๐ If you want to become an unstoppable trader you must accept the golden rule.. **trading is not just a profession, it is a way of life. ** Only time reveals the truth as my mentor often said **"All you can do is wait when it rainsโ** ๐ง๐ป
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1) Lesson: Why is the crypto market most interesting when it moves sideways or is boring?** In the fast-paced world of cryptocurrency, a sideways or 'boring' market is often where the intrigue truly liesโฆ well for real retail traders ๐ **โ ๏ธ While trends, characterized by clear buyer or seller dominance, offer straightforward easy profit opportunities, it's the sideways market that often recoups profits from traders through uncertainty, complacency and irrational movements.** Though a rational trader with patience and WZRD lines to guide you itโs heaven ๐งโโ๏ธ **1๏ธโฃ The Dynamics of a Non-Trending Market** When neither buyers nor sellers are in charge, the market tends to move sideways. This phase is notorious for 'stop-loss hunting,' where even the slightest fundamental news can trigger unexpected volatility, catching traders off-guard and triggering a cascade of sell-offs or buys. We have seen this on several occasions throughout the current Daily range that Bitcoin has been trading in for near two months between $60,000 and $73,000 ๐ **2๏ธโฃ Building the Foundation** A sideways market is often where a strong base is built for its next move, as new traders enter and stabilize the price before slowly picking a side. This is also where recognizable chart formations start to take shape, setting the stage for future breakouts, which is why the market can be extremely interesting during ranges ๐ญ **3๏ธโฃ Chart Patterns Festivals** As mentioned above, sideways markets are where most chart pattern formations happen, many of which signal extremely profitable trading opportunities with significant break outs of the market. I have already taught you the most profitable chart patterns and their trading methods for you, read them they are gold. You will not find easy to learn, concise and clear lessons on chart structure in the manner I have taught, utilize them for your benefit !!!
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