No doubt BTCUSDT has already corrected from the last upward rally that lead the price up to almost $20,000.
But it's interesting to see how this correction happened and how the lateral movements we are seeing now are behaving:
- The initial correction was led by small hands panicking.
- The lateral movements happening now have a very interesting pattern: even though big hands are reloading probably due to the cheap prices, small hands buy and sell, probably due to the movement to altcoins giving very big short term profits.
I never underestimate big hands. The way they behave tells us how is the market health and in which way it will move.
BTC correction and actual lateral movements are being caused by small investors either panicking or moving out of BTC probably because some alts are giving huge profits.
No doubt when the small hands gain confidence again, BTC will start going up to a new all-time high.
Have a nice day and lucky trading!!
But it's interesting to see how this correction happened and how the lateral movements we are seeing now are behaving:
- The initial correction was led by small hands panicking.
- The lateral movements happening now have a very interesting pattern: even though big hands are reloading probably due to the cheap prices, small hands buy and sell, probably due to the movement to altcoins giving very big short term profits.
I never underestimate big hands. The way they behave tells us how is the market health and in which way it will move.
BTC correction and actual lateral movements are being caused by small investors either panicking or moving out of BTC probably because some alts are giving huge profits.
No doubt when the small hands gain confidence again, BTC will start going up to a new all-time high.
Have a nice day and lucky trading!!
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。