Sell everything now⁉️ crypto trading analysis Bitcoin

13 thg 5, 2021

🌴FREE BTC UPDATE🌴

Sell everything now⁉️

💎Yello😎! Exactly 49 days ago, Elon Musk announced that Tesla starts to accept Bitcoin as payment; by many, it was understood as a positive announcement; still, Bitcoin dumped on that news. Yesterday Tesla stopped accepting BTC, and Bitcoin dropped on that news as well.

💎It does not matter what the news is. The outcome is always the same. On 22 March, whales (institutions) used the news to grab liquidity from overleveraged buyers and sold the news on the "bullish" announcement. Yesterday they used the "bearish" news to create panic and fear around the market, making retail traders press the sell button and create a flush down of stop losses and liquidations to decrease the price as much as possible to fill their buy orders.

💎Honestly, the news is just part of the game, but TA is more important.

💎We showed you in yesterdays free BTC update the strong support zone and told you that extra liquidity is necessary to break the 65K mid-term resistance next time it's tested.

💎Mass media spread the news to get the price to a certain level by forcing retail investors to panic sell or fomo buy, but still, it's just a catalyst; TA can predict these events.

💎As we said yesterday, BTC hasn't topped yet. When BTC tops the wannabe traders who told you that this is the end, they will be so euphoric that they will not even have a single thought about the market topping out. Once this stage of "euphoria" will come, everyone will be overexcited and less careful, and the price action will be super fast, not in consolidation mode as we have it right now.

💎If this was the final shakedown, and 47k will keep on holding, BTC is ready to make a new ATH. If 47k is broken, then we can anticipate $40-42k to be tested next.