Watch Out When Breaking $10,000
Updated
Watch Out When Breaking $10,000
Since everyone expects a bull market as soon as we break the $10,000, I imagine the drop will come much sooner than expected.
So I could very well imagine that the market is going to fool everyone like everytime.
Therefore, you should take care very well.
Again and again I read in the comments of 'Top Authors' that people will do the opposite of what they do.
What is happening? It happens exactly the opposite.
I do not want to talk bad to anyone, but many are very easily manipulated by the market.
As a smart whale, you would do everything to be able to benefit yourself or right?
That's why they do the opposite of what the crowd does and it works every time
At the end, I would like to say that this idea might be wrong.
You decide in the end about what you do.
This should only be a warning.
It may be right or wrong.
The market decides what happens.
Note: The red arrow only indicates the direction it could go if it's a fake out. As a result, there is no specific target, as we still do not know how far down it will go when this scenario is happening.
Since everyone expects a bull market as soon as we break the $10,000, I imagine the drop will come much sooner than expected.
So I could very well imagine that the market is going to fool everyone like everytime.
Therefore, you should take care very well.
Again and again I read in the comments of 'Top Authors' that people will do the opposite of what they do.
What is happening? It happens exactly the opposite.
I do not want to talk bad to anyone, but many are very easily manipulated by the market.
As a smart whale, you would do everything to be able to benefit yourself or right?
That's why they do the opposite of what the crowd does and it works every time
At the end, I would like to say that this idea might be wrong.
You decide in the end about what you do.
This should only be a warning.
It may be right or wrong.
The market decides what happens.
Note: The red arrow only indicates the direction it could go if it's a fake out. As a result, there is no specific target, as we still do not know how far down it will go when this scenario is happening.
Note
By the way: It seems like the correction ist over. Everything look bullish.Note
I just wanted to remind you of this idea:
Should we break $10,000, it would lead to much FOMO, so clever whales can sell their bags to you before it goes down very strong.
Note
As soon as others become bullish you should take care with your positions.Note
Depending on the daily close the market could have a big drop another day.Note
Expecting a drop to around 8400 should we break 9200/9100. Bitcoin doesn't look good and too many people are bullish but it is not rising.Note
Should Bitcoin drop then alts will mostly follow. Bitcoin Cash could get under $1,400 but as soon as everyone gets bearish again and the longs died and shorts increased this will go and break $10,000.Note
Mostly will drop.
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