Stop believing every news or post you hear about candle movements of $BTC
Trading is not just a presumption based in movements of someone's wallet or a dormant amount sleeping for so long has moved whatever.
Trading is a cycle. It's a wheel. What goes up must come down and reverse.
Hoots posting that the movement because a wallet has been like this, an account has been like that is a manipulator trying to suade gullible traders to go along their desired pattern to gain profit.
Example?
Person 1 wants to move a coin up so what he will do is post that a large trader will buy a large amount of this coin, hence, the gullible hoping to go with the gain buys the same and the result? Multiple buyers of coin raising the candle. Hence, person 1's way to manipulate succeeds.
Is this good trading? NO. Why? Because it's a fact that technical analysis of charts are much stronger than these manipulative traders.
Say yeah it goes up like as posted but the span how this trend last is not supported by analysis therefore, can crash 2x or 5x of what you just gained.
Worst is, the manipulator knows this and exits the trade before it happens and leaving the gullibles at loss.
It's like charity to manipulators and you're doing it willingly with your money.
Trade wisely.
