Low liquidity #LowLiquidity
When major banks and financial institutions close their doors for holidays, trading volume decreases significantly. In this case, a single whale or a medium-sized buy/sell order can move the price of Bitcoin by hundreds of dollars in just seconds. This is called easy manipulation, where price candles become longer and more volatile, which may lead to unexpectedly hitting trades #stoploss .
$BTC
#USGDPUpdate
#USCryptoStakingTaxReview
#FOMCWatch
When major banks and financial institutions close their doors for holidays, trading volume decreases significantly. In this case, a single whale or a medium-sized buy/sell order can move the price of Bitcoin by hundreds of dollars in just seconds. This is called easy manipulation, where price candles become longer and more volatile, which may lead to unexpectedly hitting trades #stoploss .
$BTC
#USGDPUpdate
#USCryptoStakingTaxReview
#FOMCWatch