Home » World » Killing The Longs, Bitcoin Bullish Signal | $11.3K Possibility?! For BITFINEX:BTCUSD By AlanSantana

Killing The Longs, Bitcoin Bullish Signal | $11.3K Possibility?! For BITFINEX:BTCUSD By AlanSantana

Killing The Longs, Bitcoin Bullish Signal | .3K Possibility?! For BITFINEX:BTCUSD By AlanSantana
In a previous article, we already established the impossibility of $11,300 as a BTCUSD market bottom.

So many people agreed that it is impossible for Bitcoin to hit this price (see here)…

Why is so?

Why do people think this is impossible?

Because of the 84% drop requirement but let’s get to the present point…

The fact that the leveraged long trades are being hunted, liquidated/killed, is a bullish signal.

It is a bullish signal because if the market was sure to drop, period, then the market makers, the manipulators, exchanges, whales and miners wouldn’t be so hard-pressed nor interested in liquidating all longs.

If the market where to just drop continually in a new long-term bearish wave, they would just let the longs accumulate, push prices up a little bit so there can be more then long-squeeze, rinse and repeat; Kill the longs before prices go up.

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Since there is no real upcoming drop (speculation), then we need shakeouts and stop-loss hunt.

The bots can adapt live.

They have access to all the order books.

The exchanges sell all of your data to the big market manipulators. If we don’t trade long-term, we are always at a loss.

Let’s say the market is really set to move up.

Everything is being prepared and then a huge mass of traders, investors and retail buyers figure it out and buy long.

Since the big players have access to all data, thanks to the exchanges that sell everything we do; Then the bots adapt, hit the crash button, take our money, reset the charts and then another move starts to growth.

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It becomes a very complex game and that’s why we don’t recommend futures , margin nor leveraged trading unless you are a professional or expert in this field.

We buy and hold long-term, this way it works.

If you do decide to go for the…

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