Too bad you don’t understand that when using Coin Futures on 1x leverage you are gaining profits in bitcoin, increasing the size of your portfolio. If you’re longing then you are also increasing the dollar amount and the bitcoin amount . Double . Absolute noob
freshpr1nce77
⋅
All's well that ends well, saved by the weekly!
We did see the confluence play out on May 4th with a nice red daily, but the bounce above the weekly 21 EMA made it pretty clear we weren't going to test monthly support (or this confluence zone)
Thanks for the comments :)
yjr98
⋅
You don't decide which MA it heads to.
Oacen
⋅
today or tomorrow institutes will pump it so we put or money again in btc they dont want to crash whole crypto market.
they make profits now manipulating the price of btc they wont ruin this
yozr23361
⋅
@oacen13 easily they can do huge sell off then buy it cheap ,, doesn't make sense yet?
Oacen
⋅
@ali_1673, they already did this during the weekend if they repeat this after 4 days and they dump crypto market -20% in 1 hour again they will lose at least 20-30% of random people who put their money in btc and other coins.
random people dont have infinity fiat .
also i believe that buying btc at 52k is cheap for them btc is going higher soon and they want to earn more cheap btcs.
i am not pro trader and i cant advice anyone to buy or sell his btcs but i think this is their game.
do you remember that enjin 1 day before brake up at 3 dollars it was 2 dollars hitting all stop losses and margin calls?
all knew about the update and coinbase listing and they dumped its price in order to kick random traders out.
in 1 minute price went from 2 dollars to 2.8 and after over 3 .
yozr23361
⋅
@oacen13, Dear look at Divergence in daily and weekly time frame it tell another story!
It was an interesting joke:)