Why is BTC not recovering now ?
- Thread starter onlinemarketer12
- Start date
superhaz
Newbie
- Mar 25, 2012
- 32
- 14
I think the problem remains with tether maybe elon musk knows tether is going down.. and that would ruin all the crypto market but mainly BTC because is the most traded one for USDT.
So if tether is not backed by anything and is like a ghost bank, they have been pumping btc with tether but in the reality there is no cash backed by it.
That can mean that btc is super inflated and if things get messy will come down fast.
Need to research more on this topic, but I think is a good thing for the community to look for answers.
So if tether is not backed by anything and is like a ghost bank, they have been pumping btc with tether but in the reality there is no cash backed by it.
That can mean that btc is super inflated and if things get messy will come down fast.
Need to research more on this topic, but I think is a good thing for the community to look for answers.
iulianalex
Power Member
- Mar 13, 2014
- 635
- 162
BTC under 40k $ now
- Nov 22, 2019
- 6,959
- 1,681
Glad it is recovering now slowly.
sup
Frances.CLalli
Newbie
- Jan 15, 2021
- 9
- 2
History repeat it self, this trend already happened last year!
When you posted these, most of us (me included) were not aware of the crazy manipulation that is happening.
This changed most of the patterns analysts use to predict BTC movements, IMHO.
I HODL like mad.
I posted this in Monday when everyone was still losing their shit at Elon's tweets while I was preparing for the movements that were going to happen in Wednesday and Thursday.
They didn't change the most important pattern - the psychological one.
Expect wild moves next Wednesday/Thursday also.
P.S. Predictions are for fortune tellers, projections are for real traders.
Nope. China news triggered the newbs to went short or sell below $35K.
It's all mind games guys. As soon as you realize that your entry and exit points will become more accurate.
Who the f*ck do you think is there to fulfill all those selling orders when the price is dropping like crazy and sell to you when the price is going to the moon?
In order to sell something you need someone to buy it from you and vice versa, remember that. And who is always there to buy or sell from you? Whales? Retailer traders? Nope, it's the market makers.
Wild means up or down?
I won't give you entry or exit points guys, come on.
You are going to flame me if it goes wrong and you can't tell it's going wrong.
Wednesday/Thursday is the midweek reversal which most of the times happen during the most liquid sessions (London and New York), probably at that two hours when both sessions overlap (that's the most liquid time of the day).
So expect if the price is dropping in Monday and Tuesday, to be reversed up or the other way.
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Where did I exactly ask entry or exit point?
Sorry, I missed that
I was just asking your opinion on whether it will go one direction or another.
In the end, if you come to a forum saying to wait for a specific day and then quote yourself to show how cool you were predicting that, you should at least expect noobs like me asking for your further opinion.
God of Gaypal
Newbie
- Jun 27, 2016
- 47
- 14
Probably, BTC going down more about 24K$ then rise again on 75$.
God of Gaypal
Newbie
- Jun 27, 2016
- 47
- 14
at 75k$
Where did I exactly ask entry or exit point?
Sorry, I missed that
I was just asking your opinion on whether it will go one direction or another.
In the end, if you come to a forum saying to wait for a specific day and then quote yourself to show how cool you were predicting that, you should at least expect noobs like me asking for your further opinion.
Don't get me wrong.
The point is if I tell you now what I think it's going to happen with the price you won't learn anything from it, but if I tell you what to look for and you get it you'll be able to project stuff on your own. Which is more valuable than what I think the price will do.
Digital Waiter
Junior Member
- Feb 22, 2020
- 100
- 26
now they are start recovering
Absolutely.
Thanks.