There is so much to say fundamentally this bull trap has literally not a single backing. But heck the whale who did it I must admit was super-smart way to accumulate more BTC on the way down with a bit of hopium and lots of liquidity.
@PlayinWitDreams, Not in position until it rides to 5700$ area and gets rejected. Then you can short easy without stress.
kryptowavetrader
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I'd like to see a retest of lows before a move higher
AlphaTrader_
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Bullshit. You guys want to buy bitcoin cheaper and cheaper but that's not gonna happen bro. Your chart makes no sense. And you say "this bull trap has literally not a single backing" you have to check the massive buy volume and the resistance the bulls broke will now act as a strong support. See you at 4400 then 6000.
The balance of the market by my knowledge doesn't work 99% vs 1%.
What are you saying is the way to obvious, way to easy.
A synchronized buying of 100 MIL worth of BTC at the rate of 1000 BTC/min sounds 'legit' & 'natural demand'.
Time will tell.
ThumbSkin
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Have buys at 2k lvl for 6 months. However looking like it wont be that easy to make money buying that low