Seems that BTC is copying this. ðĨAgree?
Bitcoin fall by 75% from it`s ATH. All possible metrics show that this is the bottom. But is it?
ðI explain you 1 important thing. The global crypto bull market with HUGE growth begin when 90-95% of newbees or retail traders sell their crypto at loss and go away from market. It happen in 2 cases:
1ïļâĢ during the huge dupms;
2ïļâĢ during the long and exhausting consolidation.
â The second case is what hapenning now with 90% possibility. The thing is that Bitcoin has very often been in consolidation for the past few years and this has become its usual pattern.
Now we see how BTC start consolidate in channel again. The false breakout in the channel is a common things so if you trade the channel pattern it`s your chance to make a profit during such manipulations.
ðĨIf we look at the 1st example it`s clear that most of traders sell their crypto at loss at July 20, 2021 because of fear of the next possible dump. But i remember that moment and trade in longâ And you can make it if you will have your own trading strategy.
ðAlso you can use my trading strategies. Just check the links and watch free video education with my best strategies.
Now we can expect the same situation. After 2-3 month consolidation most of traders at the market feel extream fear and when the price starts to fall to the local lows you will know what to doâ If you are a trader, you don`t need to forget about risk management.
ðĐWill the retail traders return to the market? Yes, they will return close to the next BTC ATH and lose alll their money again. But we will stay here and continue to trade both long and short and make %.
Traders, what do you think about the next BTC bull market? What is the next ATH? 100k, 200k or BTC will fall to 10-12k? Write in the comments!
ðŧFriends, press the "like"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ðI explain you 1 important thing. The global crypto bull market with HUGE growth begin when 90-95% of newbees or retail traders sell their crypto at loss and go away from market. It happen in 2 cases:
1ïļâĢ during the huge dupms;
2ïļâĢ during the long and exhausting consolidation.
â The second case is what hapenning now with 90% possibility. The thing is that Bitcoin has very often been in consolidation for the past few years and this has become its usual pattern.
Now we see how BTC start consolidate in channel again. The false breakout in the channel is a common things so if you trade the channel pattern it`s your chance to make a profit during such manipulations.
ðĨIf we look at the 1st example it`s clear that most of traders sell their crypto at loss at July 20, 2021 because of fear of the next possible dump. But i remember that moment and trade in longâ And you can make it if you will have your own trading strategy.
ðAlso you can use my trading strategies. Just check the links and watch free video education with my best strategies.
Now we can expect the same situation. After 2-3 month consolidation most of traders at the market feel extream fear and when the price starts to fall to the local lows you will know what to doâ If you are a trader, you don`t need to forget about risk management.
ðĐWill the retail traders return to the market? Yes, they will return close to the next BTC ATH and lose alll their money again. But we will stay here and continue to trade both long and short and make %.
Traders, what do you think about the next BTC bull market? What is the next ATH? 100k, 200k or BTC will fall to 10-12k? Write in the comments!
ðŧFriends, press the "like"ð button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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IF a bull trap appears - we trade - Short
if bear trap - LONG