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Retracement before the drop 💧, institutional volumes are massive, retracement to ~69k then we go to support 60k. short term ; quick bull (retracement phase) mid term : bear (position sizing average sells) long term : bull (Retest at resistance) Newbies : Do not fomo into the market #PerspectiveIsEverything #Bitcoin❗️ #BitcoinHalvingTrends #Newbies #Write2Earrn
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gap fill then fomo then big dip the news and hypes of bull run coming is up next don't buy the news be very diligent my people, side adoption but not fake news #writetoearn #writetolearn #lessonlearned
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The price of an asset will range before a breakout,many traders are aware that before the breakout, you normally see a large inflow of money in opposite direction to the trend (counter trend) this is institutional hedging short and long at the same time creating a range for the market to absorb the money first 🧐 inflow of money from institutional brings hypes to retail traders who are newbies 🧐 this instantly showcase that institutions are diligent while newbies are ignorant about the algorithm. The intent of institution is not to clear retail traders but to be part of the financial market as well, meanwhile the algorithm balances the market price to fit all trader within the market,irrespective of trader's capital sizing. Professional traders know how to navigate the algorithm clean and clear, newbies don't. this makes the market and institutional traders appear as the bad guys, but if we see from he perspective of adoption,the market humbles the fomo to learn and become aware and then side the trend of the adoption. That is where the market is on the side of adoption of the stock/currency/fiat etc.. which ever asset class it is. #writetoearn #write2earn #EducationalContent #LearnFromThePast #DueDiligence
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be ready for long short liquidation both sides , rumors and news, in case of liquidation wicks downside you buy in case liquidation wicks upside you hold, 58k-60k zone is a strong institutional zone, halvening brings fear to those who do not understand scarcity. #bitcoinhalving #liquidation
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#pepe #oversold #imbalance #uncharteredterritory $PEPE #Write2Earnhashtag #write2earn short term gains watch pepe correct , risk management is important if you want to keep your gains.
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