#Bitcoin Trading around $81.6k
Now Current Live value of $BTC
81,712.13
-1.44%
At present,
As per daily chart Analysis Whaler's are planning something like that..
First they brought the market down from $109k to $78k which is the 2nd lowest level of the lower support level "Lower-Low Point" $79k-77k, after the previous one of $89k-87k and got all the long positions liquidated from the market...
Then they deceived the public for the second time and got the Short Positions Liquidated and took it to $95k and again people got trapped and this time they changed the strategy from here and this time broke the 2nd Lower-Low Support of $77k and left the market at $76.6k, breaking the second support level, and again the Long Positions got Liquidated from the market worth several billion...
And, now Whaler's are again in the hunt for the third bluff, because at this time maximum Short Positions will open, and the last support level is 3rd Level of Lower-Low around $71k-69k, which was the 1st Upper Point of the previous high..
So, from here the market will go around it or break it and most of the people will open Short Positions and the market will just deceive a little from here, and you will feel that it will remain below here and again the Whalers will play their last bet and a huge amount of Short Positions will go for Liquidations..!
It's not any Bearish Zone of market,
It's just a bigger manipulations and Traps..
This is an estimate because in the past history, Whalers & Manipulators have been doing such things on a large scale always and every time in different style.
So, Trade carefully and always remember to using #StopLoss into this highly volatile situations as well DYOR always too.
It's #Write2Earn topic too..
