Bitcoin

BTCUSD | WHY DID THIS HAPPEN? | 1H OUTLOOK

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I said in my previous BTCUSD post that I'll be looking for low term sells after the ATH inducement. It played out perfectly. But why?

This is my view - The ATH was a massive liquidity pool. After collecting the orders and the liquidity it started big sell movements. Then out of FOMO people started selling because they thought they could "catch top". Twitter was like - "SELL SELL SELL". After inducing again, collecting liquidity orders and imbalance the sellers have been trapped which led to again big upwards movements.

What do you think about BTCUSD?


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.