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$BTC You have to understand the psychology of the market makers to understand why this drop is happening. The market makers knows that there are two -if not more- types of traders existing in the market at the moment. The one who bought BTC 2 years ago at the price of 69,000$ 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.
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$BTC Correction will be done at 89.500,Fill your bags, be ready for alt season and dont sell till you got at least 1000%
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$BTC Correction has been done, Open your potisions with low risk. Calculate BTC from 89.700, configure your orders and go long. Have a nice tradings. DIOR 🖤📈🚩
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$SAND twitter hacked
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$BTC Current Market Observations: Trend: The price is below the moving averages (MA7, MA25, MA99), indicating a short-term downtrend. MACD: The histogram is in negative territory, but there is a slight reduction in bearish momentum, suggesting possible consolidation or a small rebound. Support and Resistance: Nearest support: $95,734.77 (recent low). Nearest resistance: $96,465.45 (MA7 level). Volume: Slight increase in buying volume in the last few candles, but not enough to confirm a reversal yet. Trading Strategy 1. Long Position Entry Point: Wait for a breakout above the $96,465 level (MA7). Ensure strong buying volume supports the move. Take Profit (TP): First target: $97,020 (MA25 level). Second target: $97,736 (MA99 level). Stop Loss (SL): $95,500 (below the recent low of $95,734). Plan if Signal Fails (Plan B): If the price reverses below $95,500, close the long position immediately and switch to a short strategy. 2. Short Position Entry Point: Enter if the price breaks below $95,734 with high selling pressure. Take Profit (TP): First target: $95,000 (psychological level). Second target: $94,500 (next major support). Stop Loss (SL): $96,500 (above the recent resistance). Plan if Signal Fails (Plan C): If the price closes above $96,500, exit the short trade to minimize losses and look for long opportunities. Trade Duration These setups are based on a 15-minute timeframe and are short-term trades, typically lasting a few hours to a maximum of 1 day. Contingency Plans (Multi-Scenario Approach) Plan A: Follow the primary trend (downtrend for now). Enter a short position below $95,734 with a tight stop loss and scale out profits as the price drops. Plan B: If a long breakout occurs (above $96,465), pivot to long trades but remain cautious and monitor resistance levels closely. Plan C: If price consolidates sideways without clear direction, avoid entering trades and wait for a breakout. Plan D: Use alerts and closely watch for divergences on the MACD or unexpected volume spikes to indicate a trend reversal.
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