Just because the FED have announced they are turning the liquidity tap back on...
Does not mean the price will skyrocket back to $100m in one candle.
If you have not realised yet that this market is manipulated both down, and up, depending on leverage...
Where have you been?
What has happened today is massively overall bullish for the next 3 - 12 months.
But the next 3 - 12 days you cant bet there will be max fuckery when it comes to price action.
The problem most people have is that they see bullish news, feel bullish, and enter a leveraged long because "price must go up now"...
And so many enter and build up that the exchanges hunt them, bringing the price down, leaving everyone confused and angry.
Just look at how many long liqs we have down to $87k.
Then, once the normie traders are wiped, they send it higher, confusing everyone again.
It does not work like stocks because stocks are regulated and crypto is not.
You cannot turn around and say "bro its not bullish cos price is going down"...
You have to be able to understand the bigger picture here and recognise what it means overall for the market in general as we enter this new FED liquidity cycle.
We're gonna take out the longs, and it may just well be the last decent dip before we tag $100k.
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Just because the FED have announced they are turning the liquidity tap back on...
Does not mean the price will skyrocket back to $100m in one candle.
If you have not realised yet that this market is manipulated both down, and up, depending on leverage...
Where have you been?
What has happened today is massively overall bullish for the next 3 - 12 months.
But the next 3 - 12 days you cant bet there will be max fuckery when it comes to price action.
The problem most people have is that they see bullish news, feel bullish, and enter a leveraged long because "price must go up now"...
And so many enter and build up that the exchanges hunt them, bringing the price down, leaving everyone confused and angry.
Just look at how many long liqs we have down to $87k.
Then, once the normie traders are wiped, they send it higher, confusing everyone again.
It does not work like stocks because stocks are regulated and crypto is not.
You cannot turn around and say "bro its not bullish cos price is going down"...
You have to be able to understand the bigger picture here and recognise what it means overall for the market in general as we enter this new FED liquidity cycle.
We're gonna take out the longs, and it may just well be the last decent dip before we tag $100k.