Bitcoin long 100k
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
The theory of psychological based market maker trading states that one must preemptively slow the trend, before areas of counter selling, to avoid narratives from emerging at all.
This means that fundamentally prices still reflect the broader market eventually, but counter trend participants are never incentivized to publicly affect market psychology, with relation to loss over time as the primary driver of the trend.
Implicitly, trading in this way is viewed as a counter trend trading to a larger short selling market participant. I.e banks vs Fed.
