The market always has a game plan but the main aim of the market is to make you buy at the highest point possible. While the people who predict things get rewarded. The later you buy, the more that the people who invested at the bottom earn.
The MAIN AIM IS TO MAKE YOU BUY HIGHER!
The whales use your money by printing a picture for a massive buy signal for you at the highest point they can. They do this through many things such as Youtube, Twitter, RSI, MACD and loads more...
They might drop it to give you a massive sell signal, then pump it to your stop-loss and finally dump it back down again.
The whales can print buy signals wherever you go. They can print sell signals wherever you go. All through their power gained from capital. If used correctly, whales can change the position of many of the highest used indicators. Such as MACD or RSI. To change your mindset on the market.
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My thoughts on this market:
The market thoughts were the same when we hit the bottom at 3.5k. We hit the bottom and people were thinking we were going lower. As we extended sideways, people thought we were still going down. Until nearly everyone thought we would go further down. We then pumped up, some people switched and thought we already hit the bottom. Some still thought we were going to dump to 1k.
As we slowly went up and more and more people thought we had hit the bottom increased. The fewer people who had not brought more bitcoin. When we hit the top, this was only the whales running out of people to get to buy.
The whales ran out of fuel and we had to slowly come down once again for accumulation.
However, the cycle of manipulation repeats itself but it the opposite way.
Right now, we are at an extremely critical point. A point with humungous support. Even when the facts are given to them by analysts on tradingview, youtube, and even twitter. They still deny that we will go up. Even though when given the facts. Deny the obvious. So when we do go up once again and we do start to rally up once again you will buy HIGHER!
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