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CRYPTO MECHANIC
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CRYPTO MECHANIC
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Bitcoin bounced from 78,200 while many were waiting for 77k and 75k to buy. Do you know why that happened? Why the market didn't drop $1,200 more? It’s because the market never does what everyone expects. The majority will always be wrong, which is why most people lose money. Now, the market is squeezing late shorts, liquidating them, and once it liquidates the majority of positions, people will start calling for a bullish move again. That’s when it will likely head back down. This happens always, and the market will continue to do this forever. When majority of the traders are expecting the same move. Be scared
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Please stop sending me $0.001 its a lot of money. I can't handle it 😂
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Ramadan Mubarak ❤️
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I have been playing with the dips only since January when Btc Dropped under $100k and Altcoins broke major structures. I will continue to do that until i see some high timeframe structure shift.
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Bitcoin monthly closed and in my opinion it's not really a good close. Price closed below the key $91k low on monthly. It's important because price was holding well above it and we saw it on weekly/daily charts. I also want to share something about the monthly chart. There haven't been a single monthly candle that close below an important monthly low since $BTC market $16k bottom. This is the first monthly candle that closed below the low. As long as we don't see monthly candle going back above $91k-96k i think monthly chart is not that good as it was.
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