During Days 13-14-15-16 27-28-29-30-31-1-2 in the Callender- Are dumping days of whales
"The Story of Bears"
Here's why?
1st cycle on Spot Market. It's a payday most companies or governments release their salaries to their employees. Employees who were "Hype" by BTC will have an idea to invest in "$BTC ". They buy๐ต bitcoin at its lower price๐ป since Spot-Market was in blood-bath having less 4-7 % discount. I call it "NEW BUYERS"
2nd cycle on Spot-Market. Buyers will get panic and start buying which the Price increase due to competition in buying(increase๐บ๏ธ the price of btc).
3rd cycle on Spot-Market.. Consolidation days- later on that buyer expects too much about BTC on Spot Market. Average of buyers, I think hold btc for 10-13 days.
4th cycle on Spot-Market. New buyers/late buyers who hold BTC will get bored since they didn't see good results from buying BTC or they are satisfied from its peak. itching to sell their btc.
5th cycle the storm. Buyers will become a SELLER (the eye ๐ of the storm ๐ฌthe bad storm ๐ฉ๐
6th cycle future market. Most traders are lack of experience in trading and take long positions with high stakes. But who are they? They are buyers under cycle 4th cycle on Spot market/also Old traders who are in Bull trap which also takes Long-position๐at that time the market was under consolidation and BTC Price was always rejected by the resistance. The reason behind this was price was drag by the large liquidity at a lower price.
Note ๐ : significant news like halving cause hype.
7th cycle future market. Then an inexperience' trader takes a long position at 50x leverage or more. leverage will start accumulate at certain price due to more traders thinks market would go up.
8th cycle future market. When too much liquidation below. the price will drop to the point that there is not enough liquidation below.
This will add to the cycle which Buy low Sell High.
If you won't believe me-study the history of BTC dumping dates. You will be surprised. ๐ค
Don't copy my content or I will mention you at my next content.
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