npub1nf…krygd on Nostr: #Bitcoin's price, for example in $USD, like any other asset, increases and decreases. ...
#Bitcoin's price, for example in $USD, like any other asset, increases and decreases.
In the ebb and flow of supply and demand, buyers want to buy cheap and sell expensive. Sellers want to sell expensive and buy cheap.
That applies to everything in the market. From buying apples, a ticket to Costa Rica, or a piece of land to make our home.
Fundamental and technical analysis, depending on an investor or trader's bias may suggest the Bitcoin price increasing or decreasing.
The "Big Guys," the Institutional traders, *control and *manipulate the markets.
Looking at a BTCUSD candlestick chart on any timeframe, indicates whether the buyers or sellers are in control. Indicates when to buy cheap and sell expensive. Indicates probability. If you know how to read the chart.
And with any market, who is in control (the buyers or sellers) continually changes, short, mid and long term.
I'm both a hodler and trader. Thats how I stack sats. No matter in which direction the market is unfolding.
Staying humble, yes, because no one, including hodlers, retail and institutional traders, know what the price of Bitcoin will be, next week, next month, or next year.
That's the reality.
In the ebb and flow of supply and demand, buyers want to buy cheap and sell expensive. Sellers want to sell expensive and buy cheap.
That applies to everything in the market. From buying apples, a ticket to Costa Rica, or a piece of land to make our home.
Fundamental and technical analysis, depending on an investor or trader's bias may suggest the Bitcoin price increasing or decreasing.
The "Big Guys," the Institutional traders, *control and *manipulate the markets.
Looking at a BTCUSD candlestick chart on any timeframe, indicates whether the buyers or sellers are in control. Indicates when to buy cheap and sell expensive. Indicates probability. If you know how to read the chart.
And with any market, who is in control (the buyers or sellers) continually changes, short, mid and long term.
I'm both a hodler and trader. Thats how I stack sats. No matter in which direction the market is unfolding.
Staying humble, yes, because no one, including hodlers, retail and institutional traders, know what the price of Bitcoin will be, next week, next month, or next year.
That's the reality.