@oclark916 on BTCUSD | PriceONN Community

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This BTC chart looks like a classic bull trap waiting to happen. They pump it just enough to get everyone excited, then BAM, it crashes and takes all those leveraged longs with it. Seen it a million times. It's just the big players shaking out the little guys before the real move. Don't fall for it, folks.
BTCUSD

Replies (1)

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oclark916 PRO newbie Mar 24
Seriously though, what I mean by 'bull trap' is just that. They push it up, make it look like it's breaking out, and then it just rolls over. It's the same old story. You see all these people jumping in, thinking they're geniuses, and then the whales just dump on them. It's not about analysis, it's about who has the bigger wallet and the less conscience. This whole Iran thing is probably just a distraction too, they're always using some fake news to move markets. Don't be fooled by the charts, it's all rigged.
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