Brutal...
It seems that there is someone pretty fat out there who is not going to let BITCOIN take its way to the moon easily.
The power of the candle formed in the 1h Timeframe is considerable, with a brutal volume that has taken the price from 38K to 40K in a matter of minutes and back to the origin just after...
What is clear is that the situation in the world is something not experienced before, it is possible that the great Russian whales are also looking for alternative ways to the traditional one to move their large capitals, obviously, BITCOIN and also Privacy Coins are being used considerably today today and that would also explain why any bullish hint is quickly mitigated by the opportunists to transform BTC into $... since it does not seem that the most widespread Stable coin (TETHER) is clearly benefiting from this.
Quite turbulent times for traders, it is worth saying that I am making more profits lately by shorting than Longing Crypto...
What about you?
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I am not a trader :) I am following the conversations keenly and trying to gather. I would love to do sensible trading so that I can generate income to buy BTC.
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I don't think we've seen an end to the crazy swings yet. Ride the wave.
!PIZZA
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Doing my best 😂
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Btc can swing like that in minutes. Then if you sent a limit and buy it lower, then surely you can profit once it's higher. But in practice I know it's not that easy !
I would not be surprised if the biden government is manipulating the market by buying bitcoin.
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Hahahhah, that may be
Am not shorting at all as I don't trade. Still, one can't deny the obvious profits to be made at this material time
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Bitcoin price now unpredicted because of the way BTC is moving. The BTC bearish trend is still strong.
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Not trading at all. I think we're about to shoot up after this accumulation. Buyers are getting anxious with constant higher lows. We'll see.
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Difficult times, as you say. I particularly did not see that big candle coming that has made the BTC price, similar move did the hive, which reached just over a dollar, but it was only for a few hours. However, in that price movement in a few hours I was able to get a good return.
You just have to be very attentive, because anything can happen, just as you said, there is no record of the history of the behavior of cryptocurrencies in times like the present.