#Bitcoin Gaussian Channel 🐍
👥Many referred to yesterday’s minor market pullback as "historic." Observing the Gaussian Channel, which remains in the green phase, and noting the price consolidating above the baseline, I honestly can’t identify this "historic correction."
📝True historic corrections occurred during the previous bull market. Now that was volatility. The current market is relatively stable, resembling the volatility seen in tech stocks.
Of course, leveraged traders, even on major projects like Ethereum, were wiped out.
👀Looking at the last correction during the 2021 bull market, we witnessed a -50% drop without any substantial fundamental reasons (crypto was banned in only one country). All leverage above 2x was liquidated—essentially, almost all leveraged positions. This indicates that traders frequently encounter liquidation, even in bull markets.
💡A strong alternative to this is altcoins. While they behave like Bitcoin with leverage, you can’t be liquidated on the spot market. If you select a solid, fundamentally sound project, it will endure corrections and provide solid gains.
👥Many referred to yesterday’s minor market pullback as "historic." Observing the Gaussian Channel, which remains in the green phase, and noting the price consolidating above the baseline, I honestly can’t identify this "historic correction."
📝True historic corrections occurred during the previous bull market. Now that was volatility. The current market is relatively stable, resembling the volatility seen in tech stocks.
Of course, leveraged traders, even on major projects like Ethereum, were wiped out.
👀Looking at the last correction during the 2021 bull market, we witnessed a -50% drop without any substantial fundamental reasons (crypto was banned in only one country). All leverage above 2x was liquidated—essentially, almost all leveraged positions. This indicates that traders frequently encounter liquidation, even in bull markets.
💡A strong alternative to this is altcoins. While they behave like Bitcoin with leverage, you can’t be liquidated on the spot market. If you select a solid, fundamentally sound project, it will endure corrections and provide solid gains.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
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.