Post
Topic
Board Trading Discussion
Re: Bitcoin Chart - Is Bitcoin About to Break Down?
by
worle1bm
on 05/06/2021, 15:44:17 UTC
-snip-
I don't offend you but the questions are basics and you will have to pay precious cost if you don't understand it. Greed leveraged traders deserve to be killed.
Coinbureau - the best crypto Youtuber in my opinion - recently published a really good video on how "whales" play with hobby traders and weak hands and push them out of the market:

Crypto Market Manipulation! Wyckoff & WHALES!!🐋

In the video you can also see tips and patterns on how to recognize something like this and avoid the traps. I can warmly recommend the video to anyone new to trading - including the tip: Stay away from leveraged trading.
His t-shirt also says "buy the dip" in the video which is his best part because he tries to visualise more and more according to his video and that's why he is in top list for most of us.But seriously dude the market sentiments become out of control at these times and whales become successful in their plan.When we are dealing that Bitcoin is dead or this is market worse crash that time whales took undue advantage and buy at very low prices which is their strategy.I don't know when will they all understand the market charts and power of Bitcoin.