Hello everyone, I have good news for all of you who's currently experiencing floating loss.
DON'T SELL IN LOSS, BTC WILL GOES 70K AND BEYOND 🔥🔥
Let's think with the fundamental of market.
Whales and the big guys know everyone's on the happy side, and they will send BTC upwards. But the market makers and financial institutions don't want people to stay long since they will have to pay all those people with highly leverage positions. So, to keep their financial at safety, they have to dump the market, destroying the retail guys.
How do we know that BTC will goes up again???
If you take a look at BTC liquidation map below, you'll see that in current BTC market, more people are going short rather than long, with total amount of short liquidation at $2.81B more than double of the total amount of long liquidation, sitting at $1.01B.
Now if you're market maker, it would be logical if you push the price above the current market, hence liquidating all short positions and snag all those green to your pockets. You still need to pay those that goes long, however since the longs have smaller amount than short, you still take home a big cash. Remember that in the future market, your adversaries need to take a loss in order for you to gain positive return!
So, what do we do?
We believe in BTC and its true value. Don't sell in loss guys, not in bull market. If you tired getting liquidated maybe this is a good time to stick to spot 😉.
Thanks for reading, follow me for more fundamental analysis and market update.
Stay safe and Godspeed.
