$BTC Trump found guilty by jury and his sentence will start in July -
This has increased odds of his winning even more -
Biden administration is also rolling out pro crypto policies now that Trump is attracting the pro crypto voters - Which explains why the SEC approved ETF of eth, I had this suspicion by the way -
Crypto is full-on a political topic in this Election -
Historic, Satoshi must be proud - Future of crypto innovation is bright
Everybody keeps talking about crypto mass adoption but on the other hand we need innovation too - For example till date they have not figured out a solution to ORACLE PROBLEM -
🚨🚨Market update🚨🚨 So, as i predicted in the last update, everything'shappening just like i said. So, what's next for BTC,In the last update, i mentioned the levels of 62kand the worst-case scenario of 60k. Well, it lookslike BTC is gettin' ready to test that 62k level, butkeep an eye on 60k too.
The Fear & Greed Index seems to be calmin' down, and we're currently in a neutral zone. We just need a little fear to kick in before we can make that move towards the next all-time high (ATH).
Psychologically, it seems like lotsa retailers are feelin' fearful and sellin' off, but those weak hands might end up regretting it soon. Now, there are some folks out there callin' for lower levels like 48k or 42k and sayin' the bull run is over. But don't ya worry, market makers might just prove 'em wrong. We're still feelin' bullish and hopin' for a parabolic move towards 80k 85k. Let me repeat, we're just one buy button away from a new ATH! However, if we see a dip below 60k, that might be the last bit of fear created by market makers. Just remember, don't be afraid unless we drop below 56k.
So, no regrets later, my friend! Let's meet at the new ATH! And hey, if we see any daily candle closin' below 56k, that would invalidate this update. Keep an eye on it!
Bitcoin experienced significant outflows in the past week, with ETFs seeing outflows of around 1 billion dollars. However, this did not have a major impact on the price. The news about the German government also did not trigger a significant rally in the market. The combination of negative news resulted in a downward trend.
If german govt sell pool wasn't discovered or at least activated (alleged selling 3 thousand btc out of 50 thousand) -
Btc would've been at 70k already.
Ceo of dell technologies tweeted bullish stuff about bitcoin, guy even retweeted michael saylor
People think we ran out of big players, I fhink they're yet to come -
Last weeks outflows will not return? They will eventually -
The support level of 62,000 dollars remains crucial.
Eth finally showing strength against btc and alts - Yesterday we saw it's first example when btc dumped 1400-1500 usd but eth held it's support , small dump comparatively. #BinanceTournament #MicroStrategy #Market_Update #Write2Earn! #BTCFOMCWatch
First of all if you wanna become a day trader, have a plan to get into a coin. Ask yourself why am i buying or shorting this coin. And the only two reasons to do that are either price action or technical analysis.
On every trade that you make you must have a stop order, if you have a mental stop,you're mental.
You have a stop order and you never change it. If you're in a trade and it goes against you, you're out of the trade, you move on to the next one.
if you're in a trade and it becomes successful take a profit while you can up 50 cents up 1 dollar.
Move you stop order up to break even so you can never turn a winning trade into a losing trade. And use a trailing stop to make as much out of your winners, and lose as least out of your losers.
If you're having a bad day and we all have bad days, three losing trades in a row and turn your machine off and go home. It doesnt make you a loser and doesnt make you a bad trader.
You'll come back from a bad day, You'll come back from a bad week. But you will not come back from revenge trading. When you turn your account thats up 4 grand into a loser of 20 grand.
So never turn a winning trade into a losing trade, Never turn a winning day into losing day. Never ever revenge trade if you're losing just turn the machine off and go Home. Period.
***Monday** & **Tuesday** has no news events, low and irregular volatility will trigger these days. Other day filled with juicy volatility. “Should be interesting week from **Wednesday** onwards until **Friday”***
Did you know in order to play the role of an insane and mentally depressed person in the movie "joker" Joaquin phoenix tried crypto trading for a week 🫡
Rule 2:) I want to fade the short term trend against the longer term trend. Before the market goes up it goes down to the orders.The professionals would rather die than chase the market, its just professionals doing their job. If you're goldman sachs and you bid the market and you controll and considerable amount of liquidity in the market, the market will go to the orders.
Rule 3:) Put your entries where the masses put their stops. Most of the people put their stops at very predictable places. If you're an institutional trader your job is to generate the liquidity to get into the position. You just can't press the buttons like them. The market markers will not know where the stops are but they know that most people will put their stop a ticket two below the last low and invariably the market will go to where the obvious stops are over and over and over again. So the next time you're gunna put trade on just think where would i put my stop? And rather than putting the order in, put the order in where you to put your stop and just watch how many times the goes goes to that.