⛔ This is how traders deceive you: yesterday, after the rise of Bitcoin, I didn't see anyone posting winning LONG positions in futures. Only traders crying about their SHORT positions.
The target for Bitcoin was already known, it was $114,000. However, novices kept opening SHORT positions, and the more SHORTs accumulated, the higher Bitcoin rose, approaching $120,000. —I know this by heart; I should give a lecture... a lecture! 📚
Why didn't it reach $120,000?
— The horde of traders stopped opening SHORT positions. The accumulation of SHORTs stopped. Otherwise, the price of Bitcoin would have continued rising to $120,000 and beyond. But of course, there are still the skeptics who think that prices rise due to massive purchases in SPOT. [◽]