LIVEBITCOIN INSTANT SELLING PRESSURE SEEMS TO DOMINATE, SO HOW WILL THIS SITUATION SHOW ITSELF AT THE BOTTOM?
Bitcoin continues to act like a bandwagon and drive small investors crazy. Just as we say things have improved and the alts are breathing, BTC is also starting to decline. The bottoms are adapting to this situation with a harder decline. But it should not be forgotten that alts also show good rises during the steady rises of BTC. Investors are ready, alts are ready, but BTC is still not ready. Selling pressure continues.
Btc is a major coin that likes to change direction frequently. While everyone expects a decline, it is met with a rise; on the contrary, when everyone expects a rise, it manifests itself with a decline. For those wondering why, let me explain. There is such a thing as liquidation of those who open margin transactions. Margin investors make a bet by predicting whether BTC will fall or rise. If what they say comes true, they can make profits like 5x and 10x. But the market maker looks down on this. It directs the decline and rise margins against the majority situation, causing the bettors to lose.
This is what happens to us spotters in this process. We say patience, patience, patience. But BTC constantly changes direction without giving time for the gold coins to move and make a profit. But it's almost time. Btc's volatile situation will fade soon. The bottoms will show serious rises. Just a little more patience.
By the way, #link is a sleeping giant. 3 digit numbers are not life.
What is written is not investment advice. These are personal notes.
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