Quick BTC update 28.10.2021
Congratulations to anyone who owns Bitcoin today!
Today we have likely witnessed "the last shakeout" before BTC goes to the moon!
Leveraged traders have been decimated quite a bit in this mini crash. (61k - 57.8k)
Now people in trading chats are scared to long this big green candle, or even trying to short it...
(Sometimes I check those trading chats to get an idea of the current sentiment)
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...
Have a nice day :-)
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Some of them probably burned themselves. For example buying at 59k, and hitting the stop loss at 58k, and now the Bitcoin is above 60k again.
Luckily/fortunately I did not do it.
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