Mayfair_Ventures

Bitcoin what would hurt retail the most

COINBASE:BTCUSD   Bitcoin
What would hurt retail the most?

This thought has made me more money than watching the news or wondering what caused that move.

The concept of the "Composite Operator", A Wyckoffian term, and it is the culprit of most major events in the market. Composite man as I call him is able to manipulate retail and the overall sentiment. A lot of people will say these old techniques don't work, what about PlanB's model instead? $135k called over a year ago... hmmmm

You don't believe in composite man? Well this might convince you otherwise...

One more pop up, over the recent highs, could even be a quick wick up, but it would trigger so many stop orders and so many new enthusiastic buyers to sell to. With {insert influencer of your choosing here} shilling their moon calls. Demo accounts getting REKT left, right and centre.


A perfect psychological play.

See @Paul_Varcoe 's latest idea on this topic here:

Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.

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