CRYPTO UPDATE: We just had a market maker shakeout; a very fast move to the downside to get cheaper prices for coins. Fast moves like this are fake and meant to trigger people to sell their coins at cheaper prices; market maker buys them and then pushes the prices back up. Classic. Looks like a big move to the upside is coming or we get a big dump. Both scenarios are possible but I do believe its time for a run up. Total market cap is at ATH and we see a double bottom... Lets wait and stay sharp... No reason to panic.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
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UPDATE: 2 vector candles to the upside: exactly what I thought. Remember bull markets are controlled by sellers; once there are too little sellers and inventory of the market maker shrinks; they bring the price down to re-accumulate. (we are not fully clear yet but it looks like I'm right, lets stay sharp for any scenario)
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UPDATE: double bottom and a new ATH! This market is booming; the only thing that needs to happen is that more people drop money into BTC and not in alts. Healthy BTC is healthy market...
Thanks for TA. I'm curious about what you think now. It's like again btc is looking for support before going up, but I'm not sure if I read that correctly.
cryptobullethbtcxlm
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@SacuGaming, yeah market went sideways down last night, i hope to see a double bottom on this chart, lets see what the london session brings... theres no liquidity now
It's like again btc is looking for support before going up, but I'm not sure if I read that correctly.