Effective Trading
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Bullish
Bitcoin Update
I had already told you that a huge dump was coming, and that's exactly what happened. You can check my post and its timestamp.
And after that huge dump, I immediately predicted a long position, saying that BTC would go up—and that's exactly what happened, just as I analyzed based on the order book. But some people here don’t even understand the order book.
I’m sharing high-quality analysis with you all, but you’re not focusing. I clearly stated that BTC would move from 90K to 100K, then cross 100K and head towards 120K. Now, it has reached 100K, and next, it will go to 120K.
Save this post and watch it happen.
Another's Opinion & Analysis
After a crazy dump of market, we are now seeing this kind of a short squeeze in the market as well.
It's normal behavior that after bunches of the longs are getting squeezed, the short sellers will also getting squeezed. That's why we are seeing this choppiness in the market as well.
Good thing is that price has reclaimed back above the 200 EMA on the 8 hour time frame and is now attacking the middle level of this consolidation range.
Short squeeze at manipulated market often followed by the strong liquidity inflow in the market. It's potentially what's going on right now.
A reclaim above the $100k can lead the price further to the top of the range again at $108k region.
Let's see how this thing develops.
#nomaeffect
#Write2Earn
#BTCHovers100k
#BTC
#Bitcoin
I had already told you that a huge dump was coming, and that's exactly what happened. You can check my post and its timestamp.
And after that huge dump, I immediately predicted a long position, saying that BTC would go up—and that's exactly what happened, just as I analyzed based on the order book. But some people here don’t even understand the order book.
I’m sharing high-quality analysis with you all, but you’re not focusing. I clearly stated that BTC would move from 90K to 100K, then cross 100K and head towards 120K. Now, it has reached 100K, and next, it will go to 120K.
Save this post and watch it happen.
Another's Opinion & Analysis
After a crazy dump of market, we are now seeing this kind of a short squeeze in the market as well.
It's normal behavior that after bunches of the longs are getting squeezed, the short sellers will also getting squeezed. That's why we are seeing this choppiness in the market as well.
Good thing is that price has reclaimed back above the 200 EMA on the 8 hour time frame and is now attacking the middle level of this consolidation range.
Short squeeze at manipulated market often followed by the strong liquidity inflow in the market. It's potentially what's going on right now.
A reclaim above the $100k can lead the price further to the top of the range again at $108k region.
Let's see how this thing develops.
#nomaeffect
#Write2Earn
#BTCHovers100k
#BTC
#Bitcoin
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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