📰 【Bitcoin falls below $80k, Iran refuses Trump’s agreement, traders sell off $91 million in long positions】


Bitcoin gives back its week’s gains, slipping from a multi-month high of $82,833 to an intraday low of $79,500. On May 7, the factor related to Iran’s peace agreement caused Bitcoin’s trend to reverse, breaking below $80,000 and basically erasing the gains since Monday. As shown in the chart...
Brothers, keep a close watch on the order book! $BTC just peed again—straight from 82,833 down to 79,500. This round of wash trading by the big player is brutal. On Iran’s side, they’re not playing along with Trump anymore, and the shorts directly dumped, liquidating $91 million worth of long positions. I’ll say something ugly: right now, this market is basically the big money playing games with retail—if retail chases the rally, they get smashed; if they cut losses, they get lifted. It’s all psychological warfare. Don’t keep thinking about catching the bottom or trying to touch the top—keep your hands in check, and you’ll live to the very end.

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BTC-1.53%
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