BE AWARE OF the whale BAIT plot Schemes
This will recover it’s only a BEAR TRAP to make some retailer traders to exit the trades
Or did anyone think, there’s a BULL RUN by mistake?
BTC will resume moving up.
Today’s jump for almost recovery could have been whale spoofing.
Why?
As many buy bids, the trend moves up and up. What did this cause, more retail to join the trade.
As the trend moves down, some retail exit the trades which creates a dip and as the trend moves down near any whale buying bids in which I call BAIT.
In order for that bid to execute, whales will cancel that bid, then the trend moves down the more.
Then whales make genuine purchases at a later time meantime, some hard working investors sold.