Bitcoin Price why drops below 100k?
So we have seen to many fluctuations for in just a week, if look at 4h chart then you clearly seen that big red and big green candles mean buy dip and sell at high, who bought bitcoin at dip? i think some one asking me who bought btc at bottom and sell at top then i must say that, just whales do that. Retail investors doesn't know why btc goes for so high and dump again in just few hours, whales sell their btc at high and again bought at bottom, so i must say that btc in full control of whales, if you know more then that then you stay here but i realize that just bought some xrp at low and stay away from market for 5-6 days when whales manipulation in on.
Know why btc going towards 95k-97k? because i think more then 2 weeks is over know btc hold above 100k, psychologically we all prepare that bitcoin never drops below 100k and know btc move towards 109k-110k, but before going towards 110k btc makes 1-2 dips and forced us for open short trade and then break new ath.
After China deal btc must touches 110k-112k but btc drops more after that, how it is possible? simple is that whales don't want us to make some profit, maybe they make money after our liquidations, so all set for btc to touches 112k but...
So know stay away from this highly fluctuations, yesterday i am almost liquidate, my liquidity price is 2272 eth, and purchase price is 2430, i almost prepare for liquidation but last after 4 hours btc makes pump at that point and reaches above 107k and eth reaches 2510 and thank god i have not closed my trade when eth drops below 2320.
So this time market is not good for investment maybe next week i have make double profit but at the moment i don't want to invest again.
Thankyou and remember me in your prayers
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