Bitcoin Update
This looks like liquidity engineering to me.
We need a clear liquidation hunt, wrecking retail traders, in order to make our next energetic leg up. (If we make one at all)
When liquidity is being engineered a level get’s tested many times, in order to draw the image of a strong “support level”.
Market manipulators aim for those levels in order to trigger stop losses placed below support, by retail traders.
Won’t be long until we shake out the weak hands.
This looks like liquidity engineering to me.
We need a clear liquidation hunt, wrecking retail traders, in order to make our next energetic leg up. (If we make one at all)
When liquidity is being engineered a level get’s tested many times, in order to draw the image of a strong “support level”.
Market manipulators aim for those levels in order to trigger stop losses placed below support, by retail traders.
Won’t be long until we shake out the weak hands.