yes, for people in “in the know” sotospeak, they call the lines going up non-stop “being priced out”.
for the big indexes and other OG bitcoin-type stuff (gold and silver), in order to get good entry price you ideally wait for a correction to occur (correction is a drop of atleast 10%) you need that much to force all the algo-traders into cut-losses mode.
look back at last april to see what the floor is when the algos stop…
Does that mean it’s a good time to buy? 😂
It’s all gambling. So… do you feel lucky? Well? Do ya, punk?
yes, for people in “in the know” sotospeak, they call the lines going up non-stop “being priced out”.
for the big indexes and other OG bitcoin-type stuff (gold and silver), in order to get good entry price you ideally wait for a correction to occur (correction is a drop of atleast 10%) you need that much to force all the algo-traders into cut-losses mode.
look back at last april to see what the floor is when the algos stop…