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Quick BTC update 23.04.2021 by ew-and-patterns

View this thread on: hive.blogpeakd.comecency.com
· @ew-and-patterns · (edited)
$6.59
Quick BTC update 23.04.2021
# Now that almost all leveraged longs have been liquidated or stopped out, BTC is clear to moon again soon.

###### I got stopped out two times during this gigantic corrective pattern, because it really was not obvious... But it does not matter, because I will make all the money back on the way up, tenfold... A doubling is incoming now -> 50k to 100k until end of July! 

https://cdn.steemitimages.com/DQmUfwSLnyPnFh9wRd2gqhmGFv9T5LXVuSorZ37qeUzbpxB/welp12.png
https://cdn.steemitimages.com/DQmVUMao13rrESFK9switv7VEavrtFniPH9nwU9duLPXpzm/welp9.png

![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
![legal3.png](https://cdn.steemitimages.com/DQmSdpAAyTCKGU2qLWqsCpQh4CWE9cG3yGVd4mJjx5rzGDT/legal3.png)
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)


Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
#bitcoin #btc #crypto #cryptocurrency #cryptocurrencies #steem #sbd #ethereum #eth #ripple #xrp #bitcoincash #bch #eos #litecoin #ltc #stellar #lumen #xlm #digibyte #dgb #cardano #ada #iota #tether #neo #tron #trx #omg #verge #xvg #bitshares #bts #nano #monero #xmr #dash #ethereumclassic #nem #binance #binancecoin #vechain #tezos #omisego #steemit #money #life #altcoin #altcoins #trading #investing #investment #investments #forex #forextrading #market #finance #gold #silver #commodity #commodities #stock #stocktrading #stockmarket #facebook #fb #apple #aapl #spx #xau #xag #usdjpy #usd #amazon #amzn      
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
Updates will only be posted on HIVE !!!
https://cdn.steemitimages.com/DQmRggYwJoG8wp8AiwTzG7tJkkEGZwM21wq5it8sg2hsH1B/B69z.jpg
![image (5).png](https://steemitimages.com/DQmSJFCmiPGGtTrvw93vM77RZsA56t47xh9DbFpbqJxfgoA/image%20(5).png)
![](https://cdn.steemitimages.com/DQmR2Vup51B1nvaNcNdTDYffLmfwCHGMyWT3Ak4VMksSrAf/final.gif)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 43 others
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vote details (107)
@coininstant ·
Now that chart is more like it!!
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@hodlcommunity ·
Little questions. Do you have any metrics on what % of the leveraged kings were liquidated ? 
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@ew-and-patterns ·
No, but we just had a more than 20% drop 64900 -> 47500.
Everyone using more than 5x leverage near the highs is now liquidated (if they did not close the position early enough).
The daytraders usually use something like 5x-50x leverage.
And the liquidation already starts when you are using 85-90% of your avbailable margin (depending on the platform you trade).

So I don't need any metric to tell you that alot of daytraders got rekt hard. Even harder in altcoins... you just need simple math and a good understanding of how leveraged trading works.
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