Institutions on a Roll

in palnet •  4 months ago 

I guess many would have already figured that instituions would love to take profit as well don't you that is what we are seeing right now over $200 billion wiped out in hours few only.

While many were fearing of now missing the train out while other panic selling without any reason giving their precious bitcoin to Instituions.

Great strategy by whales where they play with their own money without risking much.

Now we have to see how market will react as the correction is not upto mark and still there is a room for downtrend while it is forming H&S patter as well on 4hr.

i was looking to take position but stopped due to that for some time

Pic source

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