BTC will be healthy for the next few hours.
I won’t consider like before at 12pm pt a red zone from a bad rate. It’s at 74. Could be wavy.
1pm 98 the heat rate rises
2pm 116
3pm 115
4pm 105
5pm 92
Then rest of the hours from the 50’s to 90’s.
Yesterday, the rates failed because of continuous money fight battles between BULLSHARKS and WHALES.
Let’s hope it’s the same today.
I conclude this high rates may not be in practice. As im researching the whales are not buying much, to better understand, they are out of my radar. Whales are silent. Another group of individuals or groups with a title called BULLSHARKS, are trying to keep the price from falling. This is why I’m hoping if this continues through out the day, BTC is safe for Thursday.
Mates weekend is almost here. Rates are still in the 30’s. It’s your discount day.
When BTC went up a few thousands yesterday.
A trader asked me, it (anonymous) missed out, my answer was, don’t feel that way because there was no way of knowing how BTC would react.
In situations like this when BTC is being manipulated for a better price rise, I told that trader, consider yourself missing out but only when you did not analyze correctly your trade, not during manipulation.
This goes to all.