If I was a whale looking to inflict the most pain, I would pump #Bitcoin back to 45k-46k to get people enthusiastic again and then dump it to 38k, making everyone think there’s a lower low below $39.6k, then I would moon it and punish late shorts.
You get liquidated! And you!
Time to pay attention: $BTCUSD Watch carefully, maybe take some profits or hedge a bit... Aggressive traders can think about putting out some shorts. Hodlers can look can look at add at lower levels if we see them. No confirmation yet, just be on the alert. #Bitcoin
My favorite chart for Situational Awareness: S2FX for rough long term level forecast (white line), combined with accurate on-chain bull/bear recognition signal (color overlay). #InOrbeTerrumNonVisi
"MicroStrategy [..] $900 million aggregate principal amount of 0% convertible senior notes due 2027 [..] The notes will not bear regular interest. [..] MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoin."
https://t.co/0TGx1zNT6r
"Founders Arthur Hayes and Samuel Reed have stepped back from all executive management responsibilities for their respective CEO and CTO roles with immediate effect."
Say it with me. I will always:
-Use risk management
-Trust my TA
-Have a trading plan
-Take responsibility for my trades
-Never “hope"
-Never long resistance
-Never short support
-Always cut losses
-Learn from every loss