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-positionđat 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 đ : 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. đ€
Don't copy my content or I will mention you at my next content. đ„±
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