Bitcoin and Wyckoff are good friends,...
We all know BTC is a ponzi... luring people into the holy grale that never was one.
BTC is not the future of crypto, BTC is a ponzi. And big traders profit the most of it.
I am not saying this shit should be banned. But you are making the most of money if you just stick to the game plan: up and down.
At the moment, we are bearish, which means the more we get up, the more we need to get down. Every upmove is related to a more downmove: 1 step up, 2 step down. catching liquidity from the upside for a major move to the downside is the main focus actually. on the smaller TF, you have certain moves to the upside where you can levergae 10x long (21.5k in my analysis) and you have major short positions to open at resistance (24k-24.5k). Personally, I am trading 10x up and 20x down in a bear market. in a bull market, you will guess it, I am trading 20x up and 10x down. Never overleverage and considering to adjust leverage in certain market situations with high volatility. You never can constantly take a certain leverage to trade. you have to adjust.
dont get caught into fake breakouts, they are only considered to open additional shorts for the big players. as long as the high TF is bearish biased, i am shorting more than longing.
BTC will visit 10k and lower while we are clearly moving into a hard recession.
stay safe. no financial advice. dyor
BTC is not the future of crypto, BTC is a ponzi. And big traders profit the most of it.
I am not saying this shit should be banned. But you are making the most of money if you just stick to the game plan: up and down.
At the moment, we are bearish, which means the more we get up, the more we need to get down. Every upmove is related to a more downmove: 1 step up, 2 step down. catching liquidity from the upside for a major move to the downside is the main focus actually. on the smaller TF, you have certain moves to the upside where you can levergae 10x long (21.5k in my analysis) and you have major short positions to open at resistance (24k-24.5k). Personally, I am trading 10x up and 20x down in a bear market. in a bull market, you will guess it, I am trading 20x up and 10x down. Never overleverage and considering to adjust leverage in certain market situations with high volatility. You never can constantly take a certain leverage to trade. you have to adjust.
dont get caught into fake breakouts, they are only considered to open additional shorts for the big players. as long as the high TF is bearish biased, i am shorting more than longing.
BTC will visit 10k and lower while we are clearly moving into a hard recession.
stay safe. no financial advice. dyor
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