Well one saying that i found right in crypto or any sort of trading is that emotions doesn't work here at all and same applies everywhere now after seeing the massive price drop in bitcoin prices yet again which was quite obvious to happen because the chart says it all.
recently did a dpoll on my blog where ten people voted on what they think about the prices out of those ten 8 were bullish and 2 were bearish this is where the mind game occurs similarly now the longs are too high and the shorts are not even close to the longs that are happening in the market right now.
What this indicates its simple its not a regulated market like stock is so make sure if you do leverage place tight stop loss because stop loss hunt is going on because of that long spikes are occurring and the price is gonna go down yet again clear indication.
The bear moment is not gonna go away until and unless someone pushes the volume back in .... its better to enjoy holidays without worrying hahah.
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