BTC slowed down in last 12 hours and we are now ranging between 6350 and 6400 so it doesnt offer us a lot of chances for catching big moves but it offer us enough time to check the situation and prepare for that "big move"
BTC chart: https://www.tradingview.com/x/Rsp9Z9TV
This is my trading idea!
Entry around 6370, stop loss above 6405-6410 and first target around 6280-6250!
There are a lot of reason why I am bearish on BTC at the moment! I was combining different strategies, time frames and all I see is potential dump in the price of BTC.
This trading set up offers me perfect tight stop loss so let's enter and wait to see where we are going!
Good luck!
BTC chart: https://www.tradingview.com/x/Rsp9Z9TV
This is my trading idea!
Entry around 6370, stop loss above 6405-6410 and first target around 6280-6250!
There are a lot of reason why I am bearish on BTC at the moment! I was combining different strategies, time frames and all I see is potential dump in the price of BTC.
This trading set up offers me perfect tight stop loss so let's enter and wait to see where we are going!
Good luck!
Forced Short Squeeze
Exactly what I wrote few hours ago! Bulls used their money on Binance, Bitfinex, Bitstamp to pump price up! They probably lost up to 10% because of that! But, they made at least 100% on Bitmex and overall profit for them is huge considering that they are using millions to trade!
Simply, they opened longs on Bitmex, waited for Bitmex to get down and they started with pump on other exchanges! They caused difference in price and it caused others to think they they can easily catch $50-100 move. They put orders and waited for Bitmex to come back! Then we saw auto trading, that was extremelly volatile in altcoin market! Some alts went up to 400-500% on Bitmex but they dropped down just few minutes later!
Now, there is not short positions on alts for sure because move was bigger than 100% so all positions were liquidated! What is even worst is that there are a lot of longs opened and if the profit wasn't booked instant, it is now huge loss! So, I was talking about double pressure on Bitcoin, but double pressure on alts is huge! I wouldnt be surprised to see alts in double digit loss very soon! Simply, there is huge amount of potential shorters and huge amount of longs that are in loss! After short squeeze, we could easily see long squeeze but this time it can be even worse!
https://cointelegraph.com/news/crypto-markets-see-green-amid-talk-of-forced-short-squeeze-on-bitmex
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Exactly what I wrote few hours ago! Bulls used their money on Binance, Bitfinex, Bitstamp to pump price up! They probably lost up to 10% because of that! But, they made at least 100% on Bitmex and overall profit for them is huge considering that they are using millions to trade!
Simply, they opened longs on Bitmex, waited for Bitmex to get down and they started with pump on other exchanges! They caused difference in price and it caused others to think they they can easily catch $50-100 move. They put orders and waited for Bitmex to come back! Then we saw auto trading, that was extremelly volatile in altcoin market! Some alts went up to 400-500% on Bitmex but they dropped down just few minutes later!
Now, there is not short positions on alts for sure because move was bigger than 100% so all positions were liquidated! What is even worst is that there are a lot of longs opened and if the profit wasn't booked instant, it is now huge loss! So, I was talking about double pressure on Bitcoin, but double pressure on alts is huge! I wouldnt be surprised to see alts in double digit loss very soon! Simply, there is huge amount of potential shorters and huge amount of longs that are in loss! After short squeeze, we could easily see long squeeze but this time it can be even worse!
https://cointelegraph.com/news/crypto-markets-see-green-amid-talk-of-forced-short-squeeze-on-bitmex
If you like our work, you can award us by inviting your friends and helping us grow our community.
Cointelegraph
Crypto Markets See Green Amid Talk of ‘Forced Short Squeeze’ on BitMEX
The crypto markets are seeing a second flush of green, with virtually all of the major cryptocurrencies seeing solid growth on the day, Bitcoin circling $6,700.
If you are short, this is the most bearish candle you can dream off! If we close like around this price with this candle, low bollinger band is going to be tested in our opinion!
https://www.tradingview.com/x/76cBSWl6/
We are still waiting for ETF decision! It should be very soon! This drop is maybe sign that decision is negative and whales are dumping and opening shorts before official statement! You have to know that guys with millions have their sources everywhere and they will always have information before you! You can't compete with them, you can only try to predict their moves!
https://www.tradingview.com/x/76cBSWl6/
We are still waiting for ETF decision! It should be very soon! This drop is maybe sign that decision is negative and whales are dumping and opening shorts before official statement! You have to know that guys with millions have their sources everywhere and they will always have information before you! You can't compete with them, you can only try to predict their moves!
It wasnt some bullwhale, it was obviously BitMex saving themselves from making their company die
Then BitMex has a coordinated ddos (distributed denial of service attack) which shuts down the site and price dumps trapping longers underwater
And all of this a few hours before the ETF denial will happen. BitMex know just like most ppl know that the ETF will be denied. Shorts already at ATH with an almost guranteed dump after the ETF denial would mean BitMex has to take money from their own insurance fund since majority of positions (shorts) are in profit which i would guess they don’t want. So therefore they removed a big part of shorts from the markets and made them scared + removed longers and made them scared so that people would be scared of trading the ETF news.
https://www.ccn.com/bitmex-downtime-crypto-pump-manipulation-in-the-bitcoin-market/
Then BitMex has a coordinated ddos (distributed denial of service attack) which shuts down the site and price dumps trapping longers underwater
And all of this a few hours before the ETF denial will happen. BitMex know just like most ppl know that the ETF will be denied. Shorts already at ATH with an almost guranteed dump after the ETF denial would mean BitMex has to take money from their own insurance fund since majority of positions (shorts) are in profit which i would guess they don’t want. So therefore they removed a big part of shorts from the markets and made them scared + removed longers and made them scared so that people would be scared of trading the ETF news.
https://www.ccn.com/bitmex-downtime-crypto-pump-manipulation-in-the-bitcoin-market/
I just hope you were following our advice. Currently it is $400 down. You can book some profit and hold stop loss around 6500!
But it is too late to short it! We all know that it will be rejected so it can cause pump too because those who wanted to short they already did! I closed my short and now waiting for next entry!
Hey bros!! We will start here very soon the best pumping group of all the time. No prepumps ! Coin will be released on binance ! We will be holding for an half an hour and more everytime and not dumping on each others! But on outsiders that we atract thanks to social media together by spamming! Everybody will be making money in our channel! Are u searching for a real good pump channel ? We are the right ones if u wanna be poor do not join us, but if u want to buy yourself a new Lambo lets join and start to be a young rich pumper! Stay excited ! Stay tuned to us! We are young rich pumpers yeaaah🤑🤑🤑🤑
MCP🪩Extras FREE pinned «Hey bros!! We will start here very soon the best pumping group of all the time. No prepumps ! Coin will be released on binance ! We will be holding for an half an hour and more everytime and not dumping on each others! But on outsiders that we atract thanks…»
📣 PUMP INFO 📣
Time: 19:00 GMT ⏰
Exchange: Cryptopia (for start)📊
20 groups will participate
Around 100k members👨👩👧👦
🇬🇧 London 20:00
🇺🇸 New York: 15:00
🇫🇷 Paris: 21:00
🇷🇺 Moscow: 22:00
🇳🇱 Amsterdam: 21:00
🇮🇳 India: 1.00
🇨🇳 China: 3:00
🇯🇵 Tokyo: 2:00
STAY TUNED, STAY EXCITED AND WAIT FOR THE FLIGHT 👍💰💸🚀📈
Time: 19:00 GMT ⏰
Exchange: Cryptopia (for start)📊
20 groups will participate
Around 100k members👨👩👧👦
🇬🇧 London 20:00
🇺🇸 New York: 15:00
🇫🇷 Paris: 21:00
🇷🇺 Moscow: 22:00
🇳🇱 Amsterdam: 21:00
🇮🇳 India: 1.00
🇨🇳 China: 3:00
🇯🇵 Tokyo: 2:00
STAY TUNED, STAY EXCITED AND WAIT FOR THE FLIGHT 👍💰💸🚀📈
MCP🪩Extras FREE pinned «📣 PUMP INFO 📣 Time: 19:00 GMT ⏰ Exchange: Cryptopia (for start)📊 20 groups will participate Around 100k members👨👩👧👦 🇬🇧 London 20:00 🇺🇸 New York: 15:00 🇫🇷 Paris: 21:00 🇷🇺 Moscow: 22:00 🇳🇱 Amsterdam: 21:00 🇮🇳 India: 1.00 🇨🇳 China: 3:00 🇯🇵 Tokyo: 2:00 STAY…»
🚀OUR FIRST BIG PUMP 🚀
🔑KEY POINTS TO REMEMBER🔑
➡️Make sure you enter your buy price at higher price then the current price. This will automatically fill at the first available price.
➡️ BUY FAST and DON’T PANIC SELL. The longer we all hodl, the higher we’ll push the price up! We want to dump on outsiders, not on each others! We do not do prepumps as well, only scam pump channels do that, we want to build wealth around our community and make you bros financial free🌹👊🏻😎
➡️DON’T BE GREEDY. We want everyone to do well and make money. So be sensible!
➡️ As soon as you have bought, go to the Cryptopia Trollbox and shout about the coin. Open the link in a new tab so it is ready to go 10 mins before pump tomorrow: https://www.cryptopia.co.nz/Chat
▶️And last but not least, enjoy your profit🤑, tell about it your friends your mama and get ready for next pump, take it easy and smooth bros, see you soon👊🏻😎
🔑KEY POINTS TO REMEMBER🔑
➡️Make sure you enter your buy price at higher price then the current price. This will automatically fill at the first available price.
➡️ BUY FAST and DON’T PANIC SELL. The longer we all hodl, the higher we’ll push the price up! We want to dump on outsiders, not on each others! We do not do prepumps as well, only scam pump channels do that, we want to build wealth around our community and make you bros financial free🌹👊🏻😎
➡️DON’T BE GREEDY. We want everyone to do well and make money. So be sensible!
➡️ As soon as you have bought, go to the Cryptopia Trollbox and shout about the coin. Open the link in a new tab so it is ready to go 10 mins before pump tomorrow: https://www.cryptopia.co.nz/Chat
▶️And last but not least, enjoy your profit🤑, tell about it your friends your mama and get ready for next pump, take it easy and smooth bros, see you soon👊🏻😎
📣 24 HOURS LEFT TO PUMP 📣
Time: 19:00 GMT ⏰
Exchange: Cryptopia 📊
20 groups will participate
Around 100k members👨👩👧👦
🇬🇧 London 20:00
🇺🇸 New York: 15:00
🇫🇷 Paris: 21:00
🇷🇺 Moscow: 22:00
🇳🇱 Amsterdam: 21:00
🇮🇳 India: 1.00
🇨🇳 China: 3:00
🇯🇵 Tokyo: 2:00
STAY TUNED AND WAIT FOR THE FLIGHT 👍💰💸🚀📈
Time: 19:00 GMT ⏰
Exchange: Cryptopia 📊
20 groups will participate
Around 100k members👨👩👧👦
🇬🇧 London 20:00
🇺🇸 New York: 15:00
🇫🇷 Paris: 21:00
🇷🇺 Moscow: 22:00
🇳🇱 Amsterdam: 21:00
🇮🇳 India: 1.00
🇨🇳 China: 3:00
🇯🇵 Tokyo: 2:00
STAY TUNED AND WAIT FOR THE FLIGHT 👍💰💸🚀📈
MCP🪩Extras FREE pinned «📣 24 HOURS LEFT TO PUMP 📣 Time: 19:00 GMT ⏰ Exchange: Cryptopia 📊 20 groups will participate Around 100k members👨👩👧👦 🇬🇧 London 20:00 🇺🇸 New York: 15:00 🇫🇷 Paris: 21:00 🇷🇺 Moscow: 22:00 🇳🇱 Amsterdam: 21:00 🇮🇳 India: 1.00 🇨🇳 China: 3:00 🇯🇵 Tokyo: 2:00 …»
💰12 HOURS TO OUR PUMP💰
✅GET READY YOUR #BTC TO CRYPTOPIA ACCOUNT AND WAIT FOR THE NAME OF THE COIN😎
THIS IS GOING TO BE BIG RIGHT NOW WE NOW THAT 40 CHANNELS WILL JOIN US💸 NO PREPUMPS ARE INVOLVED✅
STAY TUNED STAY EXCITED, THIS PUMP WILL RECOVER ALL UR LOSSES AND YOU WILL BE READY WITH MORE FUNDS FOR OUR NEXT PUMP😍
TAKE IT EASY AND SMOOTH BROS SEE U LATER🤩👍
✅GET READY YOUR #BTC TO CRYPTOPIA ACCOUNT AND WAIT FOR THE NAME OF THE COIN😎
THIS IS GOING TO BE BIG RIGHT NOW WE NOW THAT 40 CHANNELS WILL JOIN US💸 NO PREPUMPS ARE INVOLVED✅
STAY TUNED STAY EXCITED, THIS PUMP WILL RECOVER ALL UR LOSSES AND YOU WILL BE READY WITH MORE FUNDS FOR OUR NEXT PUMP😍
TAKE IT EASY AND SMOOTH BROS SEE U LATER🤩👍
🤑 2 HOURS TO PUMP🤑
TELL YOUR FRIENDS AND FAMILY THAT YOU WILL BE GONE FOR A WHILE CAUSE YOU ARE FLYING TO MOON😁🚀🚀🚀🚀
TELL YOUR FRIENDS AND FAMILY THAT YOU WILL BE GONE FOR A WHILE CAUSE YOU ARE FLYING TO MOON😁🚀🚀🚀🚀
🤑 1 HOUR TO PUMP 🤑
💎OKEY BOYS HERE WE ARE, WAIT NOW, GET YOURSELF A POPCORN AND BE READY IN FRONT OF YOUR PC, OPEN THE CRYPTOPIA ACCOUNT NOW✅
THIS IS GOING TO BE BIIG🍾👊🏻😎
💎OKEY BOYS HERE WE ARE, WAIT NOW, GET YOURSELF A POPCORN AND BE READY IN FRONT OF YOUR PC, OPEN THE CRYPTOPIA ACCOUNT NOW✅
THIS IS GOING TO BE BIIG🍾👊🏻😎
MCP🪩Extras FREE pinned «🤑 1 HOUR TO PUMP 🤑 💎OKEY BOYS HERE WE ARE, WAIT NOW, GET YOURSELF A POPCORN AND BE READY IN FRONT OF YOUR PC, OPEN THE CRYPTOPIA ACCOUNT NOW✅ THIS IS GOING TO BE BIIG🍾👊🏻😎»
🔑KEY POINTS TO REMEMBER🔑
➡️Make sure you enter your buy price at HIGHER PRICE THEN the current price AT LEAST x4. This will automatically fill at the first available price.
➡️ BUY FAST and DON’T PANIC SELL. The longer we all hodl, the higher we’ll push the price up! We want to dump on outsiders, not on each others! We do not do prepumps as well, only scam pump channels do that, we want to build wealth around our community and make you bros financial free🌹👊🏻😎
➡️DON’T BE GREEDY. We want everyone to do well and make money. So be sensible!
➡️ As soon as you have bought, go to the Cryptopia Trollbox and shout about the coin. Open NOW the link in a new tab so it is ready to go: https://www.cryptopia.co.nz/Chat
▶️And last but not least, enjoy your profit🤑, tell about it your friends your mama and get ready for next pump, take it easy and smooth bros, see you ON THE MOON👊🏻😎
➡️Make sure you enter your buy price at HIGHER PRICE THEN the current price AT LEAST x4. This will automatically fill at the first available price.
➡️ BUY FAST and DON’T PANIC SELL. The longer we all hodl, the higher we’ll push the price up! We want to dump on outsiders, not on each others! We do not do prepumps as well, only scam pump channels do that, we want to build wealth around our community and make you bros financial free🌹👊🏻😎
➡️DON’T BE GREEDY. We want everyone to do well and make money. So be sensible!
➡️ As soon as you have bought, go to the Cryptopia Trollbox and shout about the coin. Open NOW the link in a new tab so it is ready to go: https://www.cryptopia.co.nz/Chat
▶️And last but not least, enjoy your profit🤑, tell about it your friends your mama and get ready for next pump, take it easy and smooth bros, see you ON THE MOON👊🏻😎