Big picture: Dump down to 3k$ or less, low volume, few buys
Hi,
Please see the big picture: It's going down all the way to 3k$ or more even, volume is low like bitcoin was invented yesterday. It's over if you think you can buy some virtual coins minted out of thin air to get rich, run now or get overrun later lol.
In the nexth month we will see bitcoin go lower and lower, probably until 3k$.
The volume is low, people who "played with the fire" by doing higly (e.g. 100x) leveraged positions and losing all the time, getting all the time margin called / liquidated by the real treading gods or algorithms aka blew all their money and can afford only cheap meals in a small shitty flat now and try to stay alive.
Summary:
1. Low volume, people tried leveraged trading or regular but AIs or trading gods are a lot better, they made them lose all the time and burn their funds, so a considerate amount of people stopped high leverage trading because they either ran out of funds or realized they are bad ad it.
2. The trend is down, I expect it to go all the way down to 3k$ in the next months. Cryptocoins are not anymore "get rich quick futuristic virtual money buy now or regret" things, it's a pool of losers and failed & broken promises. BTC is slow, old and has not even smart contracts. No one fixed the core BTC.
Please see the big picture: It's going down all the way to 3k$ or more even, volume is low like bitcoin was invented yesterday. It's over if you think you can buy some virtual coins minted out of thin air to get rich, run now or get overrun later lol.
In the nexth month we will see bitcoin go lower and lower, probably until 3k$.
The volume is low, people who "played with the fire" by doing higly (e.g. 100x) leveraged positions and losing all the time, getting all the time margin called / liquidated by the real treading gods or algorithms aka blew all their money and can afford only cheap meals in a small shitty flat now and try to stay alive.
Summary:
1. Low volume, people tried leveraged trading or regular but AIs or trading gods are a lot better, they made them lose all the time and burn their funds, so a considerate amount of people stopped high leverage trading because they either ran out of funds or realized they are bad ad it.
2. The trend is down, I expect it to go all the way down to 3k$ in the next months. Cryptocoins are not anymore "get rich quick futuristic virtual money buy now or regret" things, it's a pool of losers and failed & broken promises. BTC is slow, old and has not even smart contracts. No one fixed the core BTC.
Comment:
Update: Just some unnatural pumping, big green candles 4hours in a row, thats not a trend change thats just some random buys.