RE: Blood On The Trading Floor at Weekend With Surprise Bitcoin Dump
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Sell right before the halving. See everything plummet for a couple of days. Buy back in low and then trade the way up.
I'm imagining a downward pressure is more likely to happen. Maybe the price will have a short rally up fueled by speculators that think the worse is over and now it's all the way up but they'll get caught by sellers trapped high and trying to breakeven or cut their losses. I wouldn't be trading and just wait for a couple of days to see the trend happening post halving. Really not worth gambling the money just to FOMO, there's always another opportunity to profit from market.
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People will get a fright at how much it will drop. Also Israel is meant to be planning the retaliation on Saturday 20th so it will a fun day all round that day mate. 😃 Thanks for stopping by .
TO add to that, the string of major economic news happening near the halving times:
April 17 employment and unemployment rate from the US
There's April 18 Japan's Inflation Rate report inflation report after they raised their interest rates
And it's close to TGIF or Weekend time which is like a complete alignment of the stars for volatility happening, a lot are going to get rekt on both sides with tighter stop losses. Should be fun.
Took a while to process the post but it's insightful. Have a nice day!