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Urgent Bitcoin Update - Business - Nairaland

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Urgent Bitcoin Update by LandMann: 9:04pm On Oct 28, 2021
Lower your limit buy orders to around 30-40k.

Whales are dumping or redistributing to unsuspecting folks systematically. They read the order book and then they dump a large amount to fill the order book.

The May crash was done haphazardly, hence the sudden plunge without control.

This one is well coordinated to keep you unaware.

They have made you believe that BTC will close at 63k this month and 100k by December. All to make you lose your guard when they start redistributing at above 60k after accumulating and buying at 29k.

First, Binance US saw a flash crash to 7.2k few days ago. Yesterday, BTC flashed crashed to 58k and recovered almost immediately due to lots of buy orders set close to 60k.

Today, a little while ago, BTC flashed crashed from 60.9k to 57.8k in less than 2 minutes and recovered almost immediately due to massive buy orders around 60k.

Those buying the top now should get ready for a bumpy ride if they continue to do so.

Whales are accumulating enough stable coin now and will start shorting BTC as soon as fomo sets in and it rises above 66-70k. This is after they redistribute/dump enough at around 60k.

Their media team have prepared a shitload of fud news and events to push Bitcoin down after they finish shorting it at various ATHs between now and December/January when the bear market sets it.

They make money both ways, you lose when you don't HODL, when you panic buy/sell and when you become too greedy due to reading and listening to too much fomo/fud.

Bitcoin is good long term. Just think like a whale when buying the coin.

This is not financial advice though. Please digest this piece with a truckload of salt. Your money is yours, so make the wisest choice with it.

Cheers
Re: Urgent Bitcoin Update by LandMann: 9:07pm On Oct 28, 2021
Bumble Bee

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