BitcoinShort
Textbook bull trap
This is a well-known bull trap that whales use to earn money.
1st phase:
They pump price hard, a big candle appears and people FOMO in.
2nd phase:
They sell with benefits and people FUD, making price crash.
Down there, whales accumulate again before pumping price again.
3rd phase:
The 1st phase is repeated, they sell again up there with benefits and let it crash again so people sell everything and repeat in some days/weeks/months.
It's during the 3rd phase that some people don't sell thinking that it will keep pushing up but it doesn't, making them sell at a huge loss, crashing price even harder. This bull trap is the beginning of a big crash. Get ready.
*Not financial advice.
1st phase:
They pump price hard, a big candle appears and people FOMO in.
2nd phase:
They sell with benefits and people FUD, making price crash.
Down there, whales accumulate again before pumping price again.
3rd phase:
The 1st phase is repeated, they sell again up there with benefits and let it crash again so people sell everything and repeat in some days/weeks/months.
It's during the 3rd phase that some people don't sell thinking that it will keep pushing up but it doesn't, making them sell at a huge loss, crashing price even harder. This bull trap is the beginning of a big crash. Get ready.
*Not financial advice.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.