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#BTC Today Quick Update - Biggest DUMP ATTEMPTS May 6'2024 WHO DO PANIC SELLING WITH RECENT DUMP ATTEMPS ? There is biggest dump attempts that just happened and make me hard to connect to Binance but it seem already cooling down but market overview still look error from my browser Buying orders has been successful for defending BTC price just like I had predicting in my previous posts If there is no more dump attempts we may soon reach $66k price As always #FLOKI is the first one to going down compared with #BOME and #PEPE 😅 As always DYOR God bless

#BTC Today Quick Update - Biggest DUMP ATTEMPTS May 6'2024

WHO DO PANIC SELLING WITH RECENT DUMP ATTEMPS ?

There is biggest dump attempts that just happened and make me hard to connect to Binance but it seem already cooling down but market overview still look error from my browser

Buying orders has been successful for defending BTC price just like I had predicting in my previous posts

If there is no more dump attempts we may soon reach $66k price

As always #FLOKI is the first one to going down compared with #BOME and #PEPE 😅

As always DYOR

God bless

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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How to Detect Market Manipulation ? I was thinking to posting this for tomorrow post but looking how market going in manipulation today make me thinking that today May 7'2024 market conditions can be good example for this post As you know #BTC had reach $65k range yesterday but then after SEC news it start going down with some DUMP actions but because buying orders is strong enough thats mean there is another whales waiting for it to eat any BTC in sell and you can see this in trading data when big selling orders being made, big buying orders following it with calculations to get best buying price In my last predictions post I do expect BTC will going to $66k where in the past it showing lots of selling orders waiting which I think made by miners to sell their stocks & when it going sideways to liquidating all selling orders, my watch list coins #BOME #FLOKI #PEPE #SHIBA got pumped to certain points before The FED news being announced which made stock & crypto market in high volatility Today situation really unexpected and in my opinion market in manipulation for pushing miners to sell their stocks cheaper than $66k as miner firms will need to resuming their operations and for that reason they need cash to adjust their operational costs Why I can say that ? because in my opinion the volatility in BTC price that just moving around 300-500 points up and down is not enough to make profits for any traders So by riding SEC news whales had done the manipulation and pushing miners or other traders that bought BTC from $$56-57k to sell their stocks with the mindset BTC price can going down more to $60-$61k range or even lower followed with some FEUD posts that keep spreading FEAR to play with their psychology While retailers/small investors holding their money to invest because they had been driven by FEAR, the trading data in Binance show large orders inflow followed with medium orders dominating it Soon we will get another pump because anyone who bought BTC at this price range ($63k) will need to make profits from their purchases As always DYOR God bless
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How to Find Out Dump Attempts Will Start ? Crypto Market already known for its volatility where the rich can playing with other investors psychology to gain more profits If you watching chart, order book and trading data in daily routine there is some patterns when dump attempts will be start and this patterns usually started with some medium selling orders to test the water against buying orders and how many investors following to sell their assets When they think its good to go they will do the next step with biggers selling orders step by step to create more FEAR while FEUD posts work as they do to help them creating FEAR Just like what happened right now, when SEC News still in speculations whales work to make market in volatility situation just as you can see from the volatility of USD value, #BTC value that also dragging other coins like #BOME #FLOKI #PEPE #SHIBA They want to decrease greed index which mean more less investors interested to go in to the market so they can buy the assets more easy with less competitors When they think they had gained enough then the next step by creating FOMO to drive GREED from middle and small investors until they think they had gained enough profits from the FOMO then the cycle will be repeated So in the end whales will never loss because they know how to play psychology to push other investors left from the market or going in to the market Thats why you need to know how to do analysis based on the data so you can minimizing your loss As always DYOR God bless
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