3) Trump is still just a puppet. And I wouldn’t even be surprised if the next US president gets rid of the crypto reserve for being a speculative asset with no future and not an actual store of value. At the same time creating it’s own centralised cryptocurrency.
Trump announced probably the best news the #crypto market has ever seen. Creating the crypto reserve.
The whole world jumped on the rally with the „moon” mentality.
Yet, the entire pump died and got liquidated.
Why?
2) Flooding the market with new money and uses them as liqudity to continue with the sell off so when the time comes this new „reserve” can start buying cheap. I’m not saying Trump is behind crypto falling, but its all by design and the insiders controlling it’s fate.
1) Isn’t it a coincidence that nobody wanted to buy crypto when it was falling? But as soon as it hit a bottom, Trump announces the crypto reserve causing the biggest pump in the crypto market ever.
Beginner #traders seem to be allergic to taking losses and letting winners run.
They let a single loss blow the entire account and close winning trades with a negative RR because they see profit and are scared to hold.
That’s makes 0 sense.
My simple technical reason for the #bitcoin shorts and why it’s crashing.
Study these high momentum moves on different charts and you’ll see they always follow up with a reversal.
If I ever stop trading forex it would be because I’m dead.
Or my options trading outperforms my forex profits.
Only been trading options for a week but they are waaaay more fun than forex.
#XAUUSD bulls getting weaker just under the massive psychological barrier at $3,000. While many are still spamming the buy button, bears taking over for a short while is more likely.