Guys I have to say only few words right now and just publish this supports for you.
Why it happen?
FUD version:
My view - because of BCH hardfork war and possible war of ASIC miners.
As I say in my video - BCH situation very very negative for market.
Also 17 nov futures can playing some role.
Natural version
Because market need liquidity to go seriously up.
You can check last years rally of Bitcoin - almost always we have spike down in few days before go long again.
This is instrument for big players to get liquidity to go long.
Bearish or bullish?
One important thing is need to hold your type of position.
If you was bullish on 6500 - now you cant be bearish and sell all.
When it already happen and you do not protect on stop - now selling is too late.
I know this pain. But you can take a losses or holds this pain to get profit - your choice.
What about me?
I miss that fall and just hold my positions because I still long-term bullish for all market.
If BTC will decide to go lower - on 3k Im a buyer lol.
Why it happen?
FUD version:
My view - because of BCH hardfork war and possible war of ASIC miners.
As I say in my video - BCH situation very very negative for market.
Also 17 nov futures can playing some role.
Natural version
Because market need liquidity to go seriously up.
You can check last years rally of Bitcoin - almost always we have spike down in few days before go long again.
This is instrument for big players to get liquidity to go long.
Bearish or bullish?
One important thing is need to hold your type of position.
If you was bullish on 6500 - now you cant be bearish and sell all.
When it already happen and you do not protect on stop - now selling is too late.
I know this pain. But you can take a losses or holds this pain to get profit - your choice.
What about me?
I miss that fall and just hold my positions because I still long-term bullish for all market.
If BTC will decide to go lower - on 3k Im a buyer lol.
註釋
This is liquidity education article.
註釋
Going to next support 5134註釋
Market in panic mode right now. We already reach our technical and psycho support but price slowly going down. This price action already more looks like spike.If market close the day under 5100 - we going down to 3600 - 4200.
註釋
Switzerland crypto ETP accepted. Start the product on next week.forklog.net/largest-swiss-exchange-to-list-worlds-first-crypto-etp-under-hodl-index/
註釋
Coinbase 4520 coming. Its technical and psycho support.註釋
Just watching on time of opening largest amount of longs for Bitcoin on Bitfinex.Price drops almost 15% from time of big long positions opened.
What it mean? All this people will be liquidated if price drops to 4200.
Good luck.
註釋
Liquidated.註釋
Shorts and Longs going down. It means that many people was liquidated from 5xxx longs. And many people doubt about going down because we already at underground. This uncertainty is ideal conditions to create final panic wave.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。