๐จ SELL IN MAY KEEPS COMING TRUE AND SUMMER LOOKS COMPLICATED FOR BTC ๐๐ฅ
๐ Heads up because this is something we've been talking about for weeks and many chose to ignore it when everyone was shouting 100k ๐๐ญ
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๐
#bitcoin is under pressure again and the seasonal pattern that several analysts follow continues to develop
๐ Historically, some summers have been tough for
$BTC , especially in bearish cycles, with significant drops in years like 2018 and 2022 ๐ฉธ
๐ณ What many arenโt seeing is that right now, it's not just about seasonality
๐ฅ We also have
#liquidaciones massive
๐ฅ Lots of fear in the market
๐ฅ Negative news everywhere
๐ฅ And a huge battle between longs and shorts
๐ That's where market makers often do their thing
Because when everyone is convinced the price is going one way, a trap usually appears that leaves half the market looking like a deer in headlights ๐ญ
๐ There are
#trader s that believe if BTC loses more supports, it could visit areas like 55k or even lower around 47k
โ ๏ธ But heads up, thatโs still a market hypothesis and not a guarantee
โ ๏ธ If someone decides to open a
#short or a
#long because they believe in one of those scenarios, thatโs a personal decision and under their own responsibility, keep shorting until what I believe will be 55k, those who can should short and exit, donโt let greed take over and itโs under your own responsibility
๐ The market can turn against anyone in a matter of hours and nobody knows for sure where the next floor will be
๐ญ Donโt trade for god's sake if you donโt understand the risk
Those who think they have the move secured are usually the first to get liquidated ๐ฉธ๐ณ
๐ฅ What a crazy thing the psychology of the market is
๐ Do you think Bitcoin will end up visiting the 55k-47k zone or are the bears falling into the same trap that the bulls fell into before at 100k? ๐๐๐ฅ๐ณ