Replies to post #49619 on Bitcoin (BTCUSD)

[Mikey]

well, this is just my .02: I dont think BTC honors support/resistance lines like most stocks do!

[nowwhat2]

Nah.....Not (quite) YET.......(IMHO)
Or at least, I would think that THIS probably still applies : (High er risk Entry / Low er risk short)
Because I would think that what we're experiencing, is simply a dose of this :
https://cointelegraph.com/explained/what-are-sniper-bots-and-how-to-stop-token-sniping-exploits






Sniper-bots



We'll have to monitor how it BEHAVES however on the backtest of the 38,000 level......(which is ACTUALLY around 37,950)


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[nowwhat2]

'Tis looking more n' more like that (your) way though.....
Good call if that's what ya' did.
'Tis the season to be "jolly" ?
Or is it simply the season to get shafted by snipe-bots ?
https://ih.advfn.com/stock-market/COIN/BTCUSD/crypto-news/92665342/what-are-sniper-bots-and-how-to-stop-token-snipin




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