Topic: BTC shorts are entering the TRAP (Read 244 times)
Smart money shorted months ago. If your shorting now your taking a very risky chance. You may make out however the bottom looks like its being bumped against. I agree the trap is being set.
Many analyst predict that BTC will dead soon but there still some hope too. But it will take a long time to increase again.
I think many new investor sell bitcoin for the EFT panic. They did not research properly about this coin. Already some investor took the advantage they buy the coin at low amount and the will get high profit end of the year.
New Bears going long now
They were probably caught out before during the last trap and trying to regain their losses. They had better start buying now because this new bottom will reverse soon, too much support at this level means it can only flatline or rise
This is all due to the panic that was caused by the news regarding the ETF. The newbies or the investors who were there for quick money acted on an impulse and sold off their coins thinking they will face major loss in the future if they HODL.
Even if there would be a rise in price in near future, I don't think it will be a pump. First of all, Bitcoin pumping is not feasible anymore, the last pump and dump of BTC happened during last year's December, in my opinion. Now, the market has reached such higher cap that it is quite impossible for a party to play the pump and dump game alone by themselves.
i am sorry to disappoint you but you seem to have confused bitcoin with one of the 2000 shitcoins out there that get "pumped". there is not going to be any pump.
as for the current price. it is just the ETF panic that is at its end as the weak hands have made their exit and the "rise" will only start when the ETF news comes to an end with SEC rejecting or approving it OR if people start pulling their heads out of their behinds.
as for the current price. it is just the ETF panic that is at its end as the weak hands have made their exit and the "rise" will only start when the ETF news comes to an end with SEC rejecting or approving it OR if people start pulling their heads out of their behinds.
Yeah bitcoin doesn't have the ability to be pumped so much anymore with such a large market cap. It needs more money to get it moving so quickly. It'll certainly go up, but it's starting to follow more regular market mechanics now that the market cap is larger.
That ETF is nothing but propaganda from what I see. It's deliberate manipulation of the price and is not a real good reason for the market to swing in one way or another. Just because an ETF is approved doesn't mean that institutional investors will magically dump several million in, and just because it isn't approved doesn't mean money won't still come it.
Let the run begin. Thy will be the champ who hodles in the right time. People having little knowledge coming in BTC market gets fucked up by his own move. The wise will rise, as the market rises.
So just HOW is anyone actually shorting BTC? So many posts of shorting BTC on Facebook and no clue here.
Thank you in advance.
Thank you in advance.
the BTC don't stronger enough to Support the whole cryptocurrency market. The the New coin leader as the eth. Then we should sellect the New coin
Hope big money never want to go below this industry. It should be happen by fools. By their foolish work they cause the market go down.
I agree with you. This is the time when we should patiently hold our coins. Their will always be pump and dump in the market. We should not panic and try to have faith on the coin on which we are investing on.
Whales are always trying to manipulate the market and take out the most advantages of it. I'm sure they will be buying majority portion of bitcoin around $6,000 or maybe a bit more lower and then after a few days we'll see the price skyrocketing again. Maybe there will be no stopping of the bitcoin bull run then.
I think margin trade with btc is madness.
It is already volatile enough. I can't cope the pressure. Too risky.
It is already volatile enough. I can't cope the pressure. Too risky.
"Bitcoin does not work like the typical low quality altcoins, the pump and dump does not apply to this coin.
"
"
No, there is not going to be any "pump" with BTC. And BTC market is now a big digital market and this type of markt doesn't want their industry go down. Investors sold little of their BTC in order to secure the profit with the ETF hype. Don't worry! BTC will be in hyp again.
As long as the panic is still in the market regarding the ETF, the price will not go up. We are all hoping that the ETF gets approved as soon as possible.
Oh God. I remember those days when I am like this people. So hot blooded when it comes to the price of bitcoin. I want it up in an instant and so angry when it is down.
It doesnt matter. Even if they pull it down to 3 digit priced coin it will still be the master of all.
Look at those shitcoins being dragged all the way down just because bitcoin is down. It does mean something.
It doesnt matter. Even if they pull it down to 3 digit priced coin it will still be the master of all.
Look at those shitcoins being dragged all the way down just because bitcoin is down. It does mean something.
Bitcoin goes down gradually and it’s given a warning that it can go down more. So need to be aware and prepared for this condition.
Jump to: