💵💵💵 | N4G on Binance Square

Trending Articles

Bookmarked and Liked

--

Bullish

💵💵💵

LIVE

N4G

--

Bullish

Let's Long TIA/USDT

#Future
#N4G
#TIA

0 people tipped the creator.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

790

0

Replies 2

Quote 1

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Need4G

Explore More From Creator

You have to understand the psychology of the market makers to understand why this drop is happening. The market makers knows that there are two -if not more- types of traders existing in the market at the moment. The one who bought BTC 2 years ago at the price of 69,000$ and still holds his bag from two years. The second type are the wave surfers, the ones who just buy when they see the market pumping uncontrollably. The market makers needs to abuse these two types, How? By causing a drop, stirring the pot. Why? To force type 1 and 2 to sell their bags or risk loosing their profits, so when the market makers start shifting the market upward again, now BTC is worth more to buy, and type 1,2 will have to buy it again but this time at a premium (expensive) price.. so when the major drop happens later, they are stuck for another 2 or 3 years (cycle) Look to it as musical chair game, but this game, the market makers know when the music will stop playing. How can we be sure? Well, by following two criteria. #First , the market will not go back to the point where it started, "When this pump started on 5th of november" that day, BTC price was 67,481$ so we should never see BTC reach there. #Second , By monitoring the correlation between BTC and Alts.. We should notice that BTC dropping more than Alts are. As of the time this post is being written, BTC has lost 7.99% of it's ATH value over the course of 5 days, While most coins lost from 15-20%, this indicates that the drop will continue, but as the gap closes in and the % lessen, we should see a reversal towards the ultimate goal of 100,000 -110,000 $ Area. Stay updated by following me. #N4G

--

From my experience, some similar coins can be divided into groups, whenever you see one of the coins pumping, the rest of the coins in the same group follows. Usually these groups contain coins from the same category, example (memes, defi, etc..) and you can check it in the info tab on the coin page on Binance. The groups i know about are (Xrp - ada - pol) (Sand - Mana - Gala) (Avax - axs - Egld) (Floki - bonk - meme - pepe) (Shib - doge) (Atom - Dot) (Lunc - luna - ustc) (Psg, santos, bar) #N4G

--

Nothing have shifted, the market is still on an upward path, what we are seeing is just a small correction. I am talking to the long term holders (weeks, month at most) as for the daily traders, you risk loosing your entry and buying less for more $$ #N4G

--

GTC is still a valid idea, it just dumped a little because of the over all market move, but it's hovering inside a discount zone and shall soon start rising.

--

One Year ago, On Nov 26 2023 BTC Price was 37,451$ with a loss of 0.89% #History #N4G

--

Latest News

U.S. Consumer Confidence Index Reaches New High In November

--

CoinDesk 20 Index Sees Decline With No Assets Trading Higher

--

Texas Attorney General Leads Lawsuit Against SEC Over Crypto Regulations

--

Cybersecurity Alert: Targeted Attacks on Crypto Industry Identified

--

Uniswap Labs Launches $15.5 Million Bug Bounty Program for V4

--

Trending Articles

$DOGE Takes a Hit: Recovery or More Downside?

Facing Bank Account Challenges in P2P Transactions via Binance

$ADA Liquidation Alert An $80.3K long on Cardano (ADA) just

You have to understand the psychology of the market makers t

Many people are worried about $XRP’s price dropping. Some pa

Cookie Preferences

ba-one-trust-cookie