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Crypto Speak: Bear trap and bull trap

Bull trap: this is when the market starts to grow and everyone thinks that the growth is unstoppable. People buy crypto in the hope of growth, and then the “trap” collapses—i.e., the market rolls back and traders lose money.

Similarly, with a “bear trap,” when the market falls, traders open short positions, but investors still won’t buy the coins because they know that prices will dip even lower.

Of course, when the market suddenly starts to rise at this moment, the bear trap takes hold.

Strong vs Weak Breakout: https://t.me/cryptostract/76

How to become Rich: https://t.me/cryptostract/106

Entry Confirmation: https://t.me/cryptostract/83

BREAKING 🚨

🇺🇸 Federal Reserve Chair Jerome Powell warns that tariffs could push inflation up by 0.5%–1%

Despite ongoing energy market stress, Powell remains focused on the inflationary impact of tariffs

⚡️ t.me/cryptostract

🚨 $308,000,000,000 has been wiped out from stocks today as market opens

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JUST IN 🚨

Netanyahu reportedly told closed-door meetings that even a US-Iran deal won’t bring the conflict to an end, according to sources

⚡️ t.me/cryptostract

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$BTC / $USD - Update

We might see more dump. Too much wicking about today.

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You can buy cryptocurrency on exchanges: centralized (CEX) or decentralized (DEX).

CEX exchanges are managed by organizations that oversee all operations and provide maintenance and security. User tokens are stored in exchange wallets. There is a commission for trading. When registering, you need to confirm your phone number and email. To work, as a rule, you need to undergo KYC/verification: confirm your identity using a passport/international passport/driver’s license. Many of these exchanges provide the opportunity to buy tokens for fiat (rubles).

DEX exchanges work differently. Coins are exchanged for them without intermediaries. A commission is charged for the exchange. There is no need to register here; to use it you need to connect your wallet (click connect wallet and enter the wallet password). Coins will be transferred from wallet to wallet. For each transaction, the wallet will request permission to confirm the operation. DEX is more difficult to use.

Difference Between USDT and USDC: https://t.me/cryptostract/6

Swing Trading: https://t.me/cryptostract/7

Bear trap and bull trap: https://t.me/cryptostract/131

Telegram Channel:
https://t.me/cryptostract

More Resources Here:
https://whatsapp.com/channel/0029VajB00n0LKZ7cSloGR1M

Bullish, or should be up for debate?

Adam Back is not Satoshi

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✅Introducing the Crypto Exchange

🔴Buying cryptocurrency is just like buying foreign currency for a holiday. It is just an exchange of one currency for another at an agreed rate - e.g Euros for BTC (the currency symbol for bitcoin) - which is why the most common place to buy cryptocurrency is called an Exchange. 

🔴It might feel confusing when cryptocurrency like bitcoin is talked about as having a price, whereas for dollar, euro etc we are used to talking about an exchange rate. 

➡️These two terms - price/exchange rate - are interchangeable and simply reflect the fact that currency values - especially crypto - are constantly changing. 

🔴The price simply reflects the interaction between buyers and sellers on each Exchange, which organically maintain parity with each other. (again explained in detail elsewhere). An overall representation of price can then be reached by aggregating the price from the main exchanges.

Choosing the Right Crypto Exchange: t.me/techpsyche/774

What Is Crypto Arbitrage: t.me/techpsyche/881

How can I spot a bullish trend?: t.me/techpsyche/925

More Resources Here:
whatsapp.com/channel/0029VajB00n0LKZ7cSloGR1M