[BTC/USD daily update] - Whales playing ping-pong

in bitcoin •  5 months ago

Well, in my last BTC daily update expected BTC to hold the 6800$ given the fact that a correction was expected after seeing that massive bearish divergence in the 4H.

Expected a 'correction'/ more or less 'intense drop'. But honestly, not a fall from a cliff. Dunno why I surprise, given the fact that this is crypto and anything can happen.

Today is sunday, so I can say that it's incredible me how can less than 24h can change all the progress from 3 weeks:

fall from a cliff.png

Even so, If I learned something among these bear market is to avoid beng so emotional regarding 'short-term' price action. So I'm holding strong and won't aiming to sell anything soon. I'll die DCA or survive.

As I see it, the last recovery felt 'organic' rather than a pump & dump. Can't say the same regarding the last selloff. Funny to see again our friend Bart Simpson around (this time, in the 1H chart).

inverted bart.png

Keep strong and focused.

Happy trading and take care.

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I hope that soon those numbers will rise


Yes, you right.

Believe in me, blockchain technology will definitely be the future! So hold tight of your coins!


I agree, more of a answer of ''when''

Its simpel to see when a whale do this you wil see a big buy wall or sell wall.
When he remove his wall beter close your positions or take avantice of it.
left or right the whale is making money


classic whale tactics :P

it's very useful. Thanks for sharing brother.


hope it helps :)

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