Tether FUD, Retail traders selling, but smart money accumulate?

28. Apr. 2019

So Bitcoin has fallen a couple hundred dollars. Was it inevatable? In my opinion, yes it was, we had to go south, we had to retrace a bit, before further upwards movement. BUT we see alot is going on recently. We see A bearflag printed, Most TV analist are Bearish AF, and guess what i can;t blame them, the teether fud, the bearflag, the hidden bearish divergence, it all makes sence. But think big, think like a Market maker or Big whale, where is money to be made? Shorts pilling up, we are heading to yearly high from januari. If I was MM i would go long while the majority is going short. This is contrary thinking. Bearflag being printed. All of TV analist hyping the herd to go short and to sell your bitcoin. And that is exactly what whales want you to do. We have been seeing large amount of buying activities on Binance for BTC (157 BTC buy orders) we have seen Big buy orders by whales the past days, and price remains stable. Is there something going on? CME Features opening 1 May. That will most likely give an indactor where this market is going. Let it sink in for now, and watch the market closely.

29. Apr. 2019

Anmerkung

We are overall bearish in sentiment. But look how low the longs have dropt, and shorts are still skyhigh. This contra trade could go very wrong,m but i am willing to take my chances here. Shorts is where the money will be made according to whales i guess.