I think we're about to come out of this pendent like in 2013 - we will see a lot of uncertainty for a few months then one last blast up to £1 mil in timing with a major banking collapse as demand increases
everyone trapped. Market makers says thanks for your liquidity now balls deep long. If you look its coinciding with COT reports on a turnaround. JPY futures is topping out /AUD futures is bottoming
My take on the current $BTCUSD situation. Little pop out of hopium for everyone, panic buying to get eaten by market makers ( he says thanks for the liquidity) . Back down for one last drive on the macro channel on weekly from 2012 then a final bust to 100K then 2 year bear market.
we love leverage . hot tip go careful we closing positions try to pre plan or use CLOSE button on bitMEX instead of MARKET button as you'll get your ass done
If you look at this repeating fractal play youll see all the component parts to a market makers dream.
Increasing volume on the short dumps.
Increasing volume on the bull traps.
Decreasing volume on the bull rallies.
Bull traps.
Stop runs, where bears are shaken.
Rinse and Repeat
BYE BYE BTC WE LOVE YOU BUT YOU NEED A REST.
SELLING Going going gonee
Noticing a fractal at play here in $XBT & $btcusd. It involves bulls getting trapped and bears getting stopped out! The perfect recipe for a market maker screw up!
