Bitcoin major sign of Stop loss hunting and dump seen!!!
2025-01-20
Category: None

This is educational post and i am making it short this time with one example which happened at 13/Jan/2025 as you can see previous time we had same scenario but they did hit stop loss of sellers + buyers and how is that ?
price was breaking 90K$ support zone which is strong and major support for BTC in lower time frames as you can see at that time and it breaks that immediately after hitting so many stop loss of buyers below 90K$ and get them out of their buy positions it pumped and start to rise also it hit so many stop loss of sellers with high leverage which sell the Bitcoin below that support zone and they were looking for the upcoming dump after breakout but it didn't happen and both sides get loss and someone's loss is some others profit and this high volume there is reason of that and after price pump above we can see more gain also appear due to that good stop loss hunting and it seems that we have the same scenario now happening but this time it seems that Resistance and ATH resistance zone is breaking so take care.

How to find out if the breakout is valid or is it fake breakout ?
1. let it breaks the resistance or support with at least +-3% as confirmation.
2. after breakout wait for retest of breakout and let it retest previous support for example and see if it turns to resistance zone this time.
3. high volume is needed after 2-3 next candles after breakout + breakout candle.

I think we may have another fake breakout and soon price will fall and dump hard and this is my thoughts.
So always do your own research and   DISCLAIMER: ((trade based on your own decision))
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