Hello traders. Bitcoin like any other instruments are already controlled by the big players.
Now the psychological game is played here and tricks how to stop hunts as well. It is hard to earn money because the un-experienced traders and investors are so called chasing markets. It means they entering the game only when they see its going up or they selling when its going down.
Like I posted on this analysis and since than its dropping
But most likely they are late. You should be buying your BTC when it down around 3-4K. Not when everyone speaking about it and its as well in the CNBC etc.. When you will see in the Bloomberg, CNBC or any other news (owned by smart money) that BTC is going up and how to buy it. You can be sure that they want to sell it ( take profit)
Anyway we all know this but its really not easy to play this psychological game if it was everyone would be a millionaire.
Please look at my map of the potential scenario.
I still believe the level where we are now, will not be used by the institutions to start buying, here will retail buy, after they seeing break of downtrend, but they will be surprised and the price will be taken lower as described on the chart.
Now the psychological game is played here and tricks how to stop hunts as well. It is hard to earn money because the un-experienced traders and investors are so called chasing markets. It means they entering the game only when they see its going up or they selling when its going down.
Like I posted on this analysis and since than its dropping
But most likely they are late. You should be buying your BTC when it down around 3-4K. Not when everyone speaking about it and its as well in the CNBC etc.. When you will see in the Bloomberg, CNBC or any other news (owned by smart money) that BTC is going up and how to buy it. You can be sure that they want to sell it ( take profit)
Anyway we all know this but its really not easy to play this psychological game if it was everyone would be a millionaire.
Please look at my map of the potential scenario.
I still believe the level where we are now, will not be used by the institutions to start buying, here will retail buy, after they seeing break of downtrend, but they will be surprised and the price will be taken lower as described on the chart.
Comment:
See my other post about stop hunts
Comment:
Have a great trading day, month, years.. ;)