Yuriy_Bishko

🔥WHY BTC SHOULD GROW TO 25K? LONG ENTRY POINTS!

Yuriy_Bishko Premium Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
🔥Hi, friends! Bitcoin goes parabolic and can reach not only $25,000 but even $30-35-40. Why? Because of short traders become the fuel for this growth. Read to the end!

📊 As far as you know, the whales accumulate a lot of BTC at the bottom and now they should book their profit. It’s only 2 ways to do it:
1. Force short traders to buy BTC back and close their short positions. Usually, it happens close to the bottom like now.

🚩 As you know, short trade liquidation is the process when the exchange force the trader to buy his position back and return money to the exchange. In this case, they need to return BTC to exchange, so they buy it using market orders, which in most cases PUMP the price.

2. Sell BTC and other crypto to retailers in a state of euphoria. Usually, it happens at the ATH. The huge number of retailers ready to buy BTC in huge amounts (liquidity for the whales to sell millions of BTC ), any altcoin which will dump by 99% in a year. This is human nature.

🚩 As you understand, now we are in the first case. Now the whales are going to liquidate shorters and force them to buy their BTC .

Our first target is $25,000. This is the best target for the whales to sell their BTC to short traders, who open their trades at $16-17-18k. All of them will be destroyed at $25-26k because of liquidation. 

If the price will grow by +50% which will be at $25-26-27k, most of their positions will be liquidated, unless they will add the margin to their position. I don’t recommend to do it!

✅ The next target is $30k where a lot of sl/tp are placed. Such even key levels usually become the walls for the price, because of the amount of liquidity concentrated there.

If the price reaches $40k it will be the total annihilation of short trades. The price can stop here because this is a massive

📊 WHAT INFLUENCES BITCOIN'S GROWTH THE MOST?
Also, how high the price will go depends on how aggressively it will grow.

If Bitcoin grows step by step, with -30-40% corrections that will clear the market, then we have a good chance to grow more than $40k.

But if BTC grows the way it usually grows, aggressively, without stops, and without the ability to enter the positions (for beginners), the probability of growing higher is not very likely, because the market, in this case, overheats very much and a bear market or a long, long consolidation begins.

But I'll explain this in more detail in the next educational ideas.

Traders, do you believe in $60k per BTC till the end of the year? Write your expectations in the comments!

💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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