Bitcoin Traders Dey Manage Market Wahala As DOJ Liquidation Rumors And Economy Data Dey Fly
Bitcoin traders dey face serious market wahala wey dey come from new economic data, Treasury yields wey dey go up, and rumors wey dey fly say DOJ wan sell plenty Bitcoin wey go scatter market, and e dey affect how people dey feel and how dem dey trade. Market face strong turbulence as price no fall below important levels, even though people still dey fear because of wahala about future economic policies. Rumors say DOJ fit sell $6.5 billion worth of Bitcoin wey dem seize from Silk Road don make market dey fear more. As all this dey happen, trading no too dey high for some days, so traders get chance to trade smart, wey allow dem use liquidity zones and price wey no correct. Traders dey use PvP mindset, dey focus on news wey dey cause market to shake and no too focus on the basics, dey use derivatives to leverage their positions. Even though market manipulation no easy because Bitcoin market cap big, big players fit use the situation wey dey ground make money. The overall feeling be say market go still dey shaky with chance to make money if you position yourself well for crypto derivatives.
Bearish
Di news dey highlight di shakara wey dey inside crypto market, especially Bitcoin, for di middle of economic wahala and legal actions wey relate to big big liquidation like di DOJ sale from Silk Road assets. Traders dey dey adopt PvP mindset more and more, dey use dis shakara shakara for potential gains. Even though chance dey to make profit, di overall feeling still dey bearish because of di combined effect of rising Treasury yields and regulatory pressures, wey dey suggest say make dem dey careful for trading activities. Both short-term dips and attempts to stabilize go likely continue, as well as chances for gains among those wey dey leverage effective use of derivatives.