[BTC/USD daily update] - Whales playing ping-pong

in #bitcoin6 years ago

Well, in my last BTC daily update expected BTC to hold the 6800$ given the fact that a correction was expected after seeing that massive bearish divergence in the 4H.

Expected a 'correction'/ more or less 'intense drop'. But honestly, not a fall from a cliff. Dunno why I surprise, given the fact that this is crypto and anything can happen.

Today is sunday, so I can say that it's incredible me how can less than 24h can change all the progress from 3 weeks:

fall from a cliff.png

Even so, If I learned something among these bear market is to avoid beng so emotional regarding 'short-term' price action. So I'm holding strong and won't aiming to sell anything soon. I'll die DCA or survive.

As I see it, the last recovery felt 'organic' rather than a pump & dump. Can't say the same regarding the last selloff. Funny to see again our friend Bart Simpson around (this time, in the 1H chart).

inverted bart.png

Keep strong and focused.

Happy trading and take care.

Sort:  

I hope that soon those numbers will rise

Yes, you right.

Believe in me, blockchain technology will definitely be the future! So hold tight of your coins!

I agree, more of a answer of ''when''

Its simpel to see when a whale do this you wil see a big buy wall or sell wall.
When he remove his wall beter close your positions or take avantice of it.
left or right the whale is making money

classic whale tactics :P

it's very useful. Thanks for sharing brother.

hope it helps :)

Hi @fcalabuig!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 2.007 which ranks you at #24313 across all Steem accounts.
Your rank has dropped 5 places in the last three days (old rank 24308).

In our last Algorithmic Curation Round, consisting of 305 contributions, your post is ranked at #195.

Evaluation of your UA score:
  • Only a few people are following you, try to convince more people with good work.
  • The readers like your work!
  • Try to improve on your user engagement! The more interesting interaction in the comments of your post, the better!

Feel free to join our @steem-ua Discord server

Congratulations @fcalabuig! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:

Introducing SteemitBoard Ranking

Support SteemitBoard's project! Vote for its witness and get one more award!