Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 17/08/2020, 19:59:03 UTC
watching those bitcoin price break outs for years. what I do not get is who is selling?

Me.

Quote
why sell on a breakout in a bull leaning sentiment?

Because that's what the strategy calls for. If I had not been implementing that strategy, I would not have sold at $20,250 in the last blowoff top. Which would have prevented me from buying back lower. Thereby profiting.