Bitcoin Whales Continue To Prey On Retail Traders − 稼げる投資系口コミ情報サイト【Trade Center】

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Bitcoin Whales Continue To Prey On Retail Traders

Bitcoin (BTC) has just done something that it hasn’t done in a long time. The highly volatile move that we see on the 4H chart for BTC/USD ended up shaking out aggressive bulls and then the price surged up to do what it was supposed to do anyway. On the daily time frame, BTC/USD ended closing below the 50 day EMA but we do not expect the price to decline straight to $7,200 as most traders are expecting at the moment. In fact, when most people start looking the same way, it is best to start looking the opposite way. So, BTC/USD has now put a lot of aggressive bulls out of their positions but that does not mean that we are going down hard, because the price is back where it was without those ambitious traders onboard.

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