BTCUSD 240 Bitstamp Halloween edition
Updated
BTC breakout or fakeout?
out of the previously observed range, good 4h close
*today marks 11 years from Bitcoin's whitepaper release
*also the last day of the prophesy for 16K by EOM October
People are scared and eager to short
MM could easily, dump to 90++, followed by retail massive fomo shorts, quick pump to 94++ to trap the shorts, further pump to 96/97++ to trigger their stops, followed by retail massive fomo longs, further pump to increase the size of the naked long positions, kill it at 98/99++ massive red candle with 22B+ volume, trapping all longers, liquidating all high leverage degens, wick again to 9keks and descend further south.
How is that for a Halloween night ?
out of the previously observed range, good 4h close
*today marks 11 years from Bitcoin's whitepaper release
*also the last day of the prophesy for 16K by EOM October
People are scared and eager to short
MM could easily, dump to 90++, followed by retail massive fomo shorts, quick pump to 94++ to trap the shorts, further pump to 96/97++ to trigger their stops, followed by retail massive fomo longs, further pump to increase the size of the naked long positions, kill it at 98/99++ massive red candle with 22B+ volume, trapping all longers, liquidating all high leverage degens, wick again to 9keks and descend further south.
How is that for a Halloween night ?
Note
My kid needs a new bike and its bed is getting smaller for him, Please support my work by using my referralstrade Bitcoin with up to 100x leverage, fees discount, tons of bonuses and free trading capital when signing up here:
bitmex.com/register/gg0Ikn
binance.com/?ref=21871385
deribit.com/reg-5635.766
bybit.com/app/register?ref=Q7NYZ
btse.com/ref?c=OaqDC7
binance.je/register.html?ref=35003550
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.