Is it uptober or dumptober? ✍️
Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. I am just chilling at home because today is holiday in india. Had a fantastic weekend with my best buddy's. Btw let's talk about crypto market. Bitcoin is moving exact what i expected in my last post. As I said that so many late longs are open and all of them will be liquidated if Bitcoin hits 60k and guess what it happened today after IRAN attacked ISRAEL. Last time when WAR started between ISRAEL & HAMAS, Bitcoin dumped like this but after that Bitcoin recovered very fast and next time when War situation occurred, nothing happened to Bitcoin. Same thing is happening now and i think dump is over now because all the charts are showing me like this. As i said from last few weeks market was only on up mode and Bitcoin just took a little bit of retracement to liquidate the late longs. Now if Bitcoin pumps to 70k then more than $1B will liquidate. That's why i always stay on spot because there's no fear of liquidating.
Everyone thought that October month will be bullish and so let's open long position with high leverage but NO BOY, whales and manipulators won't make you money 😂. They all are here to manipulate the market. I feel 1st week of October will be like this and after weekly close Bitcoin will pump hard. Most of people still in fear and that's how whales make money from us. I am sharing here few charts, look closely on these and stay active, don't panic. That's it for today. Here's the latest update video of crypto market. Thanks & have a good day!!
There have really been massive dumping since the beginning of this month but I am optimistic of October