$BTC Who is buying Bitcoin and why Bitcoin is not falling .
The simple reason is the war making countries to buy BITCOIN , because if their country's currency collapses then Bitcoin will save them to trade against each other countries.
My main protofolio is also bleeding but i am not in stress because i am holding maximum $ORCA and $BTC and that always recovers fast. And Bitcoin will pump hard later on either with the war and without the war because other countries currency falling hard.
That way more and more people move to Bitcoin because it's safe and you can move easily to any other country while holding bitcoin but it too much difficult with $XAU gold.
$BTC I will try to find BTC long rather than short right now.
$XAU Gold and silver is good for short . They are both good for short after every Retracement .
And 4 to 5 times i Shorted $SIREN , but now again it will go high aggressively to trap shorters and to liquidate them . after pumping when it's cool down then good time to short siren like we earlier did .
Exactly Gold $XAU doing the same thing that we analysed .
And Bitcoin $BTC doing the same thing that we analysed.
I am glad i sold my Gold in time and bought the Bitcoin to protect my funds.
$SIREN
Deep-Trader
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Bullish
In a war-like situation, I can’t trust Gold $XAU right now because it is crashing badly. At the very least, it needs a correction back to the $4100–$4200 range.
Also, when gold rallies and then enters a downtrend, it usually takes a long time to recover and return to the entry price.
For me, Bitcoin feels like a safer option than gold because it is currently trading below the cost of mining.
Due to Bitcoin’s cycle, we can see new all-time highs from time to time.
Or you can simply diversify your portfolio by holding BTC , gold and some USD.
Holding money according to your country is scary because of war inflation , you can't even imagine the fall in price of your money ( currency ) according to your country .
Trade less , avoid taking high leverage trades because of wicks. Be safe $BTC {future}(BTCUSDT)
In a war-like situation, I can’t trust Gold $XAU right now because it is crashing badly. At the very least, it needs a correction back to the $4100–$4200 range.
Also, when gold rallies and then enters a downtrend, it usually takes a long time to recover and return to the entry price.
For me, Bitcoin feels like a safer option than gold because it is currently trading below the cost of mining.
Due to Bitcoin’s cycle, we can see new all-time highs from time to time.
Or you can simply diversify your portfolio by holding BTC , gold and some USD.
Holding money according to your country is scary because of war inflation , you can't even imagine the fall in price of your money ( currency ) according to your country .
Trade less , avoid taking high leverage trades because of wicks. Be safe $BTC