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Welcome to the Bear Trap! š»šØ
Feeling upset that you bought crypto and it immediately went down?
Donāt worry, this follows the pattern for basically every halving.
Hereās what usually happens: hype builds up beforehand, then there's a drop-off when the price doesnāt immediately double.
Over the next six months, the reduced supply caused by the halving will work its way through the markets, and the actual bull cycle will take off.
What to Expect:
September: Things will likely pick up again.
3-6 Months: A strong upward trend, followed by a crash back to earth.
This assumes the future will closely resemble the past, and I haven't seen any substantive changes that would cause things to play out differently this time. However, predicting the future is always uncertain.
Keep in Mind:
Prices in crypto are about 98% emotion and 2% fundamentals. Donāt expect things to behave rationally.
If youāre not in this for the long game, and you donāt have enough capital to manipulate the market in the short term, you probably shouldnāt be playing.
Bear Trap or Liquidity Grab? š¤š”
Whatās happening right now is known as a bear trap or a good old liquidity grab. Why does it happen? Itās done to provide whales with enough liquidity to buy in.
By semi-crashing the market, it triggers panic selling and stop-loss orders, forcing traders to sell so the needed supply is met.
This is a well-known, nasty move in finance overall. Donāt fall for this trap!
Enjoy the rest of your day and stay savvy! ššŖ
#beartrap #becomemillionaire #MindsetMatters
Feeling upset that you bought crypto and it immediately went down?
Donāt worry, this follows the pattern for basically every halving.
Hereās what usually happens: hype builds up beforehand, then there's a drop-off when the price doesnāt immediately double.
Over the next six months, the reduced supply caused by the halving will work its way through the markets, and the actual bull cycle will take off.
What to Expect:
September: Things will likely pick up again.
3-6 Months: A strong upward trend, followed by a crash back to earth.
This assumes the future will closely resemble the past, and I haven't seen any substantive changes that would cause things to play out differently this time. However, predicting the future is always uncertain.
Keep in Mind:
Prices in crypto are about 98% emotion and 2% fundamentals. Donāt expect things to behave rationally.
If youāre not in this for the long game, and you donāt have enough capital to manipulate the market in the short term, you probably shouldnāt be playing.
Bear Trap or Liquidity Grab? š¤š”
Whatās happening right now is known as a bear trap or a good old liquidity grab. Why does it happen? Itās done to provide whales with enough liquidity to buy in.
By semi-crashing the market, it triggers panic selling and stop-loss orders, forcing traders to sell so the needed supply is met.
This is a well-known, nasty move in finance overall. Donāt fall for this trap!
Enjoy the rest of your day and stay savvy! ššŖ
#beartrap #becomemillionaire #MindsetMatters
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ššššChristmas is coming šššš
Tek777 Christmas Announcement !!!
To all my friends, followers, and haters (who are just 3), I wish you a Merry Christmas, may your wishes and projects be blessed, and may your families always be sharing this adventure called life with you!!
Besides Bitcoin, Cryptos, and advice, we are a community!
The Eternal is always by our side, and great projects are coming where we will all benefit.
#Tek777 Trust $BTC
ššššChristmas is coming šššš
Tek777 Christmas Announcement !!!
To all my friends, followers, and haters (who are just 3), I wish you a Merry Christmas, may your wishes and projects be blessed, and may your families always be sharing this adventure called life with you!!
Besides Bitcoin, Cryptos, and advice, we are a community!
The Eternal is always by our side, and great projects are coming where we will all benefit.
#Tek777 Trust $BTC
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