Bitcoin longs are at all time highs,
but the market continues to plunge.
This could only mean one thing,
they're continuing to average down.
----
There's an old saying that goes a little like:
"The market can stay irrational, longer than you can stay solvent".
>Once the longs run out of $,
>Liquidations will kick in;
>Once liquidations start spiraling,
>The price will accelerate very quickly to the downside.
----
Be very cautious in the land of crypto,
and understand what it is that you're getting yourself into.
💰
but the market continues to plunge.
This could only mean one thing,
they're continuing to average down.
----
There's an old saying that goes a little like:
"The market can stay irrational, longer than you can stay solvent".
>Once the longs run out of $,
>Liquidations will kick in;
>Once liquidations start spiraling,
>The price will accelerate very quickly to the downside.
----
Be very cautious in the land of crypto,
and understand what it is that you're getting yourself into.
💰
Note
this is my market analysis for today: youtube.com/watch?v=ur9JHXirUBs
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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.
i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
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.