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Yesterday I was thinking about the future trend of $BTC. I think there are two scenarios that are most likely to wipe out retail investors.


The first type: #BTC completed a healthy pullback from yesterday's position of 65000, and then continued to pump, not only aiming for 68000, but also reaching 70,000, 73,000, and even touching 75,000. During this pump process, there will definitely be a large number of retail investors hesitating and unable to help but enter the market, thinking 'the raging bull market really suddenly started quietly', and then suddenly stopped, a brief climax ending in a flash crash, trapping a group of people at the top.
The second type: [I think this script is scarier]. After #BTC retraced from the 65000 level yesterday, it started to oscillate sideways, up and down, without breaking through or falling below. Because most people now think it is unlikely for $BTC to go straight down from here, the longer this process lasts, the more long positions will be tempted to enter the market. Oscillating within a small range is also easier for Market Makers. When more and more people feel that 'sideways means a rise', $BTC has already stabilized in a new support level range and a rising channel. Then, it will slowly decline and trend downward for a few days in this process, attracting another group of long positions who think they can enter at a better position. And then: no further breakthrough and upward movement, not at all, directly starting a decline.
The above two scenarios are purely imaginative and have no Technical Analysis content. If they happen, it would be really coincidental, haha. I hope everyone understands that everything Market Makers do is to trap more retail investors. They are not generous benefactors but ferocious beasts that want to take away every penny from your pocket. Let's wait and see how the next scenario unfolds together. 😁
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ThisTimeIDownloaded1vip
· 2024-08-28 00:06
The second way got it right
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