22billion into the market ... in less than 48hours, Is this a possible bull run?? or just a cat bounce?? What's your take on this??
For the past 2 weeks the market is slowly moving upward until its suddenly fall. The reason for this is probably it was not a bullish run in which it might be a whales trap and the second reason is there are reported exchanges that are become victim of hackers in which lot of crypto currencies were stolen that these stolen coins are might be already been sold by now making the price to plunged again.
That was because of a price manipulation, you cannot expect a growth if whales are ready to dump and suddenly change the market.
We will surely see more like that, so prepare yourselves all the time because any time this market could change, whether based on our expectation or not.
That's the risk that we needed to overcome, with those fat big whales our trading expectations should be both between ups and downs, having a good alternatives you can work it out and still gained with situations that keeps on changing in a fast pace market.
Give yourself a good time stamp each time you place any position and not to expect too much while playing with all those sway around.