Bitcoin longs are at all time highs,
but the market continues to plunge.
This could only mean one thing,
they're continuing to average down.
----
There's an old saying that goes a little like:
"The market can stay irrational, longer than you can stay solvent".
>Once the longs run out of $,
>Liquidations will kick in;
>Once liquidations start spiraling,
>The price will accelerate very quickly to the downside.
----
Be very cautious in the land of crypto,
and understand what it is that you're getting yourself into.
💰
but the market continues to plunge.
This could only mean one thing,
they're continuing to average down.
----
There's an old saying that goes a little like:
"The market can stay irrational, longer than you can stay solvent".
>Once the longs run out of $,
>Liquidations will kick in;
>Once liquidations start spiraling,
>The price will accelerate very quickly to the downside.
----
Be very cautious in the land of crypto,
and understand what it is that you're getting yourself into.
💰
Nota
this is my market analysis for today: youtube.com/watch?v=ur9JHXirUBs
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.