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NaYo
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Okay, this is interesting to be analyzed because recent dump attempts seem using different approach compared with before In 2 days straight we had see dump attempts with big move and always fail to take #BTC price going lower than $63k because its seem the attempts always fail for creating panic selling Right now we can see they use small move with medium selling mixed with large selling orders with certain amounts needed to take BTC price down little by little for more than 2 hours straight as you can see from BTC trading data Also big selling orders seem trying to keep buying orders in check everytime it try to move up more than $63300 to prevent large buying orders passing it while medium selling orders keep going to make BTC down little by little and the results we can see lots of small selling orders has been made based on Binance trading data because they not feel safe anymore and starting to think BTC will going bearish This recent actions really playing with our psychology compared with 1-3 big move to dump BTC price So far there is no big speculative news that can make BTC down also USD value not in high volatility while only good news showing up like South Korea will allow BTC, BTC hash rate had increasing again, etc With all of the good news about BTC combined with other data, I'm really sure this dump has been made for manipulating crypto market which I don't sure for what purpose selling hundred thousands of BTC just to make crypto market down There must be a reason why this person or whoever it is trying so hard to make it happen even when they know $60-$62k also strong support range for BTC For now I only can say enjoy the market while I got disappointed that my plan to take profits soon for my investments in #BOME #FLOKI #PEPE being delayed 😔 God bless

Okay, this is interesting to be analyzed because recent dump attempts seem using different approach compared with before

In 2 days straight we had see dump attempts with big move and always fail to take #BTC price going lower than $63k because its seem the attempts always fail for creating panic selling

Right now we can see they use small move with medium selling mixed with large selling orders with certain amounts needed to take BTC price down little by little for more than 2 hours straight as you can see from BTC trading data

Also big selling orders seem trying to keep buying orders in check everytime it try to move up more than $63300 to prevent large buying orders passing it while medium selling orders keep going to make BTC down little by little and the results we can see lots of small selling orders has been made based on Binance trading data because they not feel safe anymore and starting to think BTC will going bearish

This recent actions really playing with our psychology compared with 1-3 big move to dump BTC price

So far there is no big speculative news that can make BTC down also USD value not in high volatility while only good news showing up like South Korea will allow BTC, BTC hash rate had increasing again, etc

With all of the good news about BTC combined with other data, I'm really sure this dump has been made for manipulating crypto market which I don't sure for what purpose selling hundred thousands of BTC just to make crypto market down

There must be a reason why this person or whoever it is trying so hard to make it happen even when they know $60-$62k also strong support range for BTC

For now I only can say enjoy the market while I got disappointed that my plan to take profits soon for my investments in #BOME #FLOKI #PEPE being delayed 😔

God bless

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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Which is more Dangerous between Fake Pump or Fake Dump ? In financial market like stock market or crypto market there will always fake pump or fake dump but which one is more dangerous between it ? I don't know exactly how stock market work, will it eating all your investments when the price going dowm to certain points or will it like in crypto market when you do spot trading In my opinion FAKE DUMP is more dangerous then FAKE PUMP if you do spot trading because fake pump will only make you hold longer depend on what price you had made entry when buying your assets For example is my experiences with #FLOKI in the past when I still can't analyze any data and only based on BTC chart, I had driven by GREED and FOMO which also made me do cut loss in my investments because of FEAR and lossing $70 but 3 days later after I do the cut loss FLOKI price get back even higher about 2000 points from my buying price which can make me in profits if I don't do the cut loss With that experiences I'm starting to learn how to analyze data to not only based on #BTC chart but also from order book, trading data, greed index, USD index, News, etc Right now I do investments in #BOME FLOKI #PEPE and I'm still holding it until it reach my exit price, never do cut loss again Back to the topic, FAKE DUMP in my opinion can be more dangerous because if you get eaten by it FEAR will starting to eat your psychology and make you sell in panic just like I had done before So if what you do right now is spot trading and not future trading then you only need to be aware for fake dump that often happened because market maker want to creating FEAR, make you SELL in PANIC and if success they can get more assets with CHEAPER PRICE and LESS competitors Knowing how to analyze data and knowing how to manage your FEAR/GREED will help you to minimizing your loss lots of God bless
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