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BTC is dumping fast.Bitcoin, like any other asset, can experience price fluctuations driven by various factors, including market sentiment, news events, regulatory changes, and technological developments. Some individuals may seek to exploit these fluctuations for profit through strategies such as quick dumps (selling off large amounts of Bitcoin rapidly) and buying when prices are perceived to be low. Here are some motivations and opportunities associated with such strategies: Volatility: Bitcoin is known for its price volatility, which can create opportunities for traders to profit from short-term price movements. Quick dumps and buying cheap can be strategies employed to take advantage of these fluctuations. Arbitrage: Differences in Bitcoin prices across different exchanges or markets can create arbitrage opportunities. Traders may exploit these price differentials by buying Bitcoin where it's cheaper and selling where it's more expensive, profiting from the price spread. Market Timing: Traders may attempt to time the market by selling Bitcoin during periods of high prices (quick dumps) and buying when prices are low. This strategy involves predicting price movements based on technical analysis, market trends, or fundamental factors. Scalping: Scalping is a trading strategy where traders aim to profit from small price changes by executing a large number of trades within a short time frame. Traders employing this strategy may engage in quick dumps and buying cheap to capture small profits repeatedly. Risk Management: Some investors may use quick dumps to manage risk by selling a portion of their Bitcoin holdings when they perceive the market to be overvalued or when they anticipate a price decline. They may then buy back at lower prices to increase their Bitcoin holdings. It's important to note that while these strategies offer potential profit opportunities, they also come with significant risks. The cryptocurrency market is highly volatile and unpredictable, and trading strategies based on short-term price movements can result in substantial losses if not executed carefully. Additionally, regulatory changes, technological vulnerabilities, and market manipulation are factors that can impact the success of such trading strategies. Therefore, individuals considering engaging in these activities should conduct thorough research, use proper risk management techniques, and consider consulting with financial professionals.
BITSTAMP:BTCUSDShort
by TrojanBible
DOGE: How Manipulation's Will Help To Pump?🐕Dogecoin (DOGE) has long been a favorite of traders and meme enthusiasts, and it seems like there's more to this coin than meets the eye. Beneath the playful exterior lies a substantial amount of liquidity, which could be a key ingredient for a genuine pump. But when will it happen? Let's explore the potential scenarios for DOGE. 📈🚀 The Abundance of Liquidity: DOGE has consistently proven to be a coin with substantial liquidity. It means there are plenty of buy and sell orders stacked at various price levels, ready to be triggered. The 0.5 Fibonacci Level: Many traders are keeping a close eye on the 0.5 Fibonacci level as a potential trigger point for DOGE. If the price drops to this level and reclaims it, it could signify a significant imbalance correction. The Entry and Target: For those looking to capitalize on a potential pump, an entry point around 0.027 could be a strategic choice. As for the target, 0.8 could be a lucrative goal if DOGE starts a substantial upward move. Trading Strategy: Timing is Key: Watch for DOGE to dip to the 0.5 Fibonacci level and reestablish itself. Entry and Target: Consider entering around 0.027 and set a target of 0.8, but remain flexible based on price action. Risk Management: Use stop-loss orders and sound risk management to protect your investments. Conclusion: DOGE might be known for its fun and memes, but it has demonstrated a hidden potential for a substantial pump. Liquidity-rich assets often have the capacity to make sudden and significant moves. As you keep a close watch on DOGE's journey, remember that the crypto market is full of surprises. Stay informed, trade wisely, and may your trades lead to success. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
6
🌊 BTC rally fakeout 🌊Btc will increase in price according to various forecasts, but not to continue rising towards new highs, both on the daily and weekly charts we are still in a clear downward trend. For me new institutions are still missing, and the number of weak hands has decreased, in this way the whales plan to raise the price to create FOMO and attract new investors, and then fall into the hands of the cruel market. We are still on a weekly bounce and institutions will want to buy at lower prices, and the price of Btc for me will go down at any moment, whether it be Russia, China, NATO or some environmental crap. Be patient and practice shorting a little in the 46k - 48k - 49k Always DCA gentlemen and do not go overboard with the leverage
BINANCE:BTCUSD.PLong
by IOP_cripto
Weekend Update For The Weak Hands :)Let's look at pure price delivery. Legend: - Blue lines are Monthly, Weekly and Daily highs. - Red lines are Monthly, Weekly and Daily lows. - The thinner the lower timeframe - Green lines are supply downtrend from different highs. Resistances: 1- $35.750 is the old weekly high as the first strong resistance 2- $36.600 is the highest daily breach of the old weekly high, possible breakout point 3- 50 period MA will be at $36.573 on Sunday coupled with the old weekly high 4- $39.380 is the prievious weekly high as the second strong resistance 5- $41.330 is June High, standing as the strongest resistance Analysis: Price will always move towards liquidation as this is the job of market makers, so whenever a new trend starts, we see a move in the opposite direction in order to liquidate weak hands. This has just happened and weak hands who shorted below $33k yesterday are now in FOMO mode and will buy back just to get slashed. Given the strong resistances ahead, we need to see a very strong upward price action to clear these levels in order to turn bullish. Right now, there's a short term move up that has already started to meet these resistances and it's far from being a strong breakout. If you want to trade in sideways markets, use the old monthly, weekly and daily highs / lows as resistanance and support levels BUT, understand that these levels will be reached AND breached in order to liquidate weak hands. Don't be one of them. Trade Safe!
Short
by BitcoinMillio18
29
The weak hands have been shaken out. Prepare for the explosion.Price barely dips and I'm seing a truckload of short ideas, and bears calling for zero. "This is it coinbase is exit scamming". They will never learn. It's always the same story. I always hear the same things over and over, endlessly. Not trying to brag, this is why I knew for a fact this 2019 pump was most definitely NOT the "return of the bull market". The relieved risk averse & loss averse bad unskilled traders sighed in relief and laughed at me for "denying the bull market which is clearly back". And then the high winrate average down gamblers sold at the bottom when the price went back down. And missed the bull market. And now that: - The LOSS AVERSE bears are desperate and close to vomiting everything - The RISK AVERSE bulls that recently bought and were preventing the price from going up got wiped out, especially the high leverage ones (doesn't take a lot of capital to affect the market if they all go 10X) Well not much stopping the price now is there? We also are seeing, just like in Q4 2017 & June 2019, the braggers. They all arrive at the same time. When we enter euphoria. I go "Let me guess your goal is to make 10 million and retire?" "Yes how did you know?" Wow didn't see that coming... They are all clones. They brag, having no idea how close they came from being another suicide story. UK polls... what was it again? 1/3 of citizens said they missed the boat on crypto? I've heard that so many times. And many end breaking. "I am watching sidelines". 2 months later "ALL IN". The market finds their breaking point, when regret gets too intense and they can't take it anymore. I remember a bragger that reached the bitmex leaderboard, that didn't last long... They always seem to mistake luck for genius and double down. No one ever goes "ok I made my money I am taking my profits and leaving the table" naaah they always come back and lose it all. It's all so repetitive. Regret, Fomo, Braggers (I am the master a legend I made that much), Hopers (I will scalp my way to making 10 million and becoming a parasite to society), and the constant loss aversion & risk aversion. To imagine there are weirdos out there that buy at 10k then the price makes it to 60 and they leave a stop at 10k "free trade". Makes so much sense. Literally this means they are willing to sell when down 85%. They'd risk the first 55,000 but certainly not the last 10! It really all is about NOT LOSING. Prey instinct. Makes sense, losing = dying. I prefer to be the hunter and focus on WINNING (BIG) rather. Muskrats, toads and crayfish do not interest me, I'm going for the big game. And if it gets away, I'll hunt another one and will have forgotten about "my loss" the next day. This price man it spent 2 months around my entry zzzz. I am so sick of these useless regulators I could have just been in my position since 12k and just progressively added if they did not ban crypto to "help". Useless hindsight clowns as usual. But after a long 2 month wait this I think is it, finally. Lots of chopiness like a mini bear market, ending in wiping out the weak hands holding the price down. Now we just need for bears to capitulate and braggers to do their magic. Especially 18 year old Erik Finmans that give investing seminars. Braggers are like early victims of a ponzi, they are the ones that get all excited and scream "I LOOOOOOOOVE BITCONNNECCCT", attracting new victims. I am very confident Bitcoin skyrockets to 250k. Possibly by june even. I bought more on this dip.
INDEX:BTCUSDLong
by MrRenev
12
HIBS: SIGN ME UP "the stock market rallies on stimulus hopes" "markets make new all time highs on relief talks" give me a break Am I the only one getting tired of the media? and this nonstop bombardment of nothing but garbage ? I just think it's funny how they don't tell us, politicians only have 7 days till they go on vacation till 2021 - anyway, I think one of the two most important things a trader should ask themselves before taking a trade are: who is on other side of this trade? & how much risk am I taking? lets just say this- I don't think I've ever been more confident about a trade & I expect a higher high ... that gap is above the 78.6, and the 23.6 ext... this wave will be a flat Up to you where you see value keep in mind - few things go to 0, and they usually don't stay there for long (: GL!
AMEX:HIBSLong
by UnknownUnicorn7567260
22
LAST KISS or FAILURE TO HOLD - BTC LONG TERM WEDGEBitcoin has broken it's longer term wedge and has been moving above it for the last several days. There is a very clear divergence on the OBV RSI on the 4hr, OBV RSI & Twiggs MFI on the 8hr and Twiggs MFI on the 12 hr. Failed higher highs all over the place when comparing indicators to price. Breaking this wedge back to the downside would provide large players an opportunity to accumulate more at lower levels and shake out weak hands that have been buying on this last rally. Conversely there could be support at the trend line and a push higher after correcting to the 1/1 Gan Fan line. The new of a BTC ETF could create a sustained rally into the 1/1 channel which would move us up to higher resistance levels, at which point we would have to analyze the market at that point based on ETF news and other factors.
BITSTAMP:BTCUSD
by blakester1111