Outlook on the biggest money heist the world has ever seen.
Crypto currency was heading to a normal retrace and consolidation until big players with big mouths started tweeting their opinions.
Today, we have billionares fighting for a direction on prices, and I bet none of them will be willing to hold billions and billions of dollars for a few years as their unrealized investments drops to 70-80-90% value.
This is where retail comes in selling as they make periodical dumps on high volume time frames (usually at the bottom as they finish unloading) and buying back in on their pumps during low volume time frames--breakouts. Price action changes 10% up with half the volume today, goes down 10-20% with 3x the volume tomorrow, until their holdings are gone and they move on with their cash.
Traps will be up for retailers all the way down to this cycles low. No regular Joe can see it coming, the manipulation is real, and all SL will be hunted and all positions not closed will be liquidated.
Thought Wallstreet was bad? Pay attention to these exchanges.
Today, we have billionares fighting for a direction on prices, and I bet none of them will be willing to hold billions and billions of dollars for a few years as their unrealized investments drops to 70-80-90% value.
This is where retail comes in selling as they make periodical dumps on high volume time frames (usually at the bottom as they finish unloading) and buying back in on their pumps during low volume time frames--breakouts. Price action changes 10% up with half the volume today, goes down 10-20% with 3x the volume tomorrow, until their holdings are gone and they move on with their cash.
Traps will be up for retailers all the way down to this cycles low. No regular Joe can see it coming, the manipulation is real, and all SL will be hunted and all positions not closed will be liquidated.
Thought Wallstreet was bad? Pay attention to these exchanges.
Penafian
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