Say what you want about trading financial securities. We all have a need to survive in the present. #daytrading happens to be a profitable endeavor that can help you meet that need.
3ViLk/-\rMa
prezmacd@verified-nostr.com
npub1mz7w...ejud
Why pretend in a room full of fakes?
Knowledge isn't liberating, or a source of power. In fact, it's nothing without action.
#priceaction in any #market:
You see a thing you want, and most people want. You find out the price, and find that it's a really good one. So, you start buying - from someone who is selling. (You're not alone in this.) Once the seller runs out of that thing, and no one else is selling - the price people are willing to #buy said thing at rises (assuming it's of some reasonably critical value). As a result, the price people are willing to #sell at rises. Bid/Ask are tied together.
#Bitcoin is sitting at a level where buyers are willing to buy, and sellers are willing to sell. When everyone is done selling here, if market participants perceive #value gain still (despite a higher price) the price will rise. If not, it'll stall or fall. Until that unknown time, we wait.
There's good reason to think the bottom is around 56, maybe even 52 or lower. It's also reasonable to believe the current price is seeing a rejection, turning it into support. Look left on the chart and you will see why any of those could be true.
Saying anything more than that is the equivalent of speaking gibberish.
Laser focused. 

I keep zapping, then someone else keeps zapping me back. How am I supposed to get rid of all these sats if y'all won't let me?! 🫠