Hello friend,
What do you think of when you hear the phrase "Bitcoin Whales"?
Who Are Bitcoin Whales?
1- Institutions: money centre banks, hedge funds, Grayscale, Tesla ...
2- Exchanges: (6.7% of Bitcoin in circulation was held on exchange wallets),
3- Individuals: Elon Musk (also a Dogecoin Whale),..
4- Satoshi Nakamoto: first 1.8 million or so BTC first created, have never been spent.
How Do They Trade?
Let's start with the buy range, also known as the Demand zone.
Demand Zone:
1- When they are buying, they put their whole order (into the market) at once (strong price move- Pump)
2- They buy increments within a specified price range (Accumulation). (because the buying pressure would send the price sharply higher)
Supply Zone:
3- When they are selling their position, they put their whole order (into the market) at once (strong price move- Dump)
4- They sell over a period of time (Distribution).
Market Saturation :
Where selling and buying are out of balance (after Accumulation or Distribution)
5- Accumulation Zone- price goes up
6- Distribution Zone- price goes down
See attached Idea (Part 1).
reference:
twitter.com/thetokenanalyst/status/1181618606649548800?s=20
What do you think of when you hear the phrase "Bitcoin Whales"?
Who Are Bitcoin Whales?
1- Institutions: money centre banks, hedge funds, Grayscale, Tesla ...
2- Exchanges: (6.7% of Bitcoin in circulation was held on exchange wallets),
3- Individuals: Elon Musk (also a Dogecoin Whale),..
4- Satoshi Nakamoto: first 1.8 million or so BTC first created, have never been spent.
How Do They Trade?
Let's start with the buy range, also known as the Demand zone.
Demand Zone:
1- When they are buying, they put their whole order (into the market) at once (strong price move- Pump)
2- They buy increments within a specified price range (Accumulation). (because the buying pressure would send the price sharply higher)
Supply Zone:
3- When they are selling their position, they put their whole order (into the market) at once (strong price move- Dump)
4- They sell over a period of time (Distribution).
Market Saturation :
Where selling and buying are out of balance (after Accumulation or Distribution)
5- Accumulation Zone- price goes up
6- Distribution Zone- price goes down
See attached Idea (Part 1).
reference:
twitter.com/thetokenanalyst/status/1181618606649548800?s=20
Nota
Nota
Nota
Nota
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.