BTC hit $69,000! But it was short lives (for now).
On Binance, hitting a unit bias of $69,000 was enough for some to take profits and dump a ton all the way back down to just below $63,000.
Only 4 days ago BTC was at $60k. How fast things have moved in just 4 days!
I suspect these guys know how to play the game. They make the market move downward, and can pick some up when it bottoms out which is near $65,000.
That's a nice profit if you can pull it off and ride the next wave up.
Up and down, up and down. That's how it goes.
BTC is going to keep going up this year. But whenever it's going to hit a nice high, there is going to be some huge selling pressure to keep that sell/buy cycle going for these big players.
Maybe I'm wrong and they were just getting out. LOL. I doubt it.
The first mover has the most to gain as others joint eh bandwagon down. Any position lower than what they sold it for is profit to get back into and get on the bandwagon up.
It's just a matter of time when it goes ;)
