NOTE – Let the HD version finalise before watching
Yo guys, so last night i took a projection on the fact that bitcoin was to return to particular zones based on the market makers taking advantage of the traders who believed price would start to break down before the ATH…
The delta that was coming through was showing the market makers were inducing the shorts and preparing to trap them up and make a run for it…See many people were of the understanding that Bitcoin would repeat history and drop from its previous all time high, however we need to understand something. What happened then is different now….
Even if bitcoin does drop from the current leve, fundamentally, traders that went short before teh break of the ATH were providing liquidity for the market maker to go long…HE breaks to the highs, triggers their liquidation points, and moves higher…
Guess what…
We see this happening over and over…
Why?
Its the business model…
