jjmbretal
Long

BTCUSD Big hands loading for the next all-time high rally

BITTREX:BTCUSDT   Bitcoin / Tether
No doubt BTCUSDT             has already corrected from the last upward rally that lead the price up to almost $20,000.
But it's interesting to see how this correction happened and how the lateral movements we are seeing now are behaving:
- The initial correction was led by small hands panicking.
- The lateral movements happening now have a very interesting pattern: even though big hands are reloading probably due to the cheap prices, small hands buy and sell, probably due to the movement to altcoins giving very big short term profits.

I never underestimate big hands. The way they behave tells us how is the market health and in which way it will move.
BTC             correction and actual lateral movements are being caused by small investors either panicking or moving out of BTC             probably because some alts are giving huge profits.
No doubt when the small hands gain confidence again, BTC             will start going up to a new all-time high.

Have a nice day and lucky trading!!
Interesting chart thanks for sharing.
Antworten
@Ero23, My pleasure.
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden