Most traders on Binance today were expecting a rise ๐
And almost everyone was shouting: "Buy Bitcoin (Long)"โฆ and they all got liquidated ๐ค๐ค๐ค
But PandaTraders advised you to short Bitcoin ๐ผ๐ป and there was a real reason behind it โ
๐น Japan raised interest rates to the highest level in 30 years
Let me explain simply what this means ๐
When interest rates rise, money becomes more expensive ๐ธ
Means: borrowing becomes harder and more costly
What happens next?
โ
Individuals and institutions are taking out fewer loans
โ
Companies are expanding less
โ
Liquidity becomes harder to come by ๐
โ
And when liquidity decreasesโฆ investors stop pumping their money into high-risk assets โ ๏ธ
Like Bitcoin ๐ช๐
If someone says: "Today's drop is just manipulation" ๐คฆโโ๏ธ
This indicates that they do not understand how markets work
This was a total economic move (Macro move), a move in liquidity ๐ฅ
And this is exactly the reason why PandaTraders are always ahead ๐ผ๐ง
We are monitoring the market 24/7 โณ not just the charts, but the news and macro updates that could move Bitcoin before the candles appear ๐ฐ๐
Thus we were able to predict today's drop in advance โ
We indicated the Bitcoin short from the 93,000 โ 94,000 area ๐ฏ
And the price actually moved towards 89,000 ๐ฏ๐
๐ Congratulations to everyone who followed the BTC short today ๐ผ๐ฅ
Let's celebrate and stay tuned, as we will continue to provide these signals in a timely manner before any major move ๐จ๐ฅ
