BTC 4-18 update
BTCUSDT Perpetual Contract BYBIT:BTCUSDT
o/
often times when an asset nears the very bottom of a move, liquidity hunts begin to take place.
a liquidity hunt is basically a large player hunting for stop losses to increase their own exposure to the market.
meaning; when you get stopped out, someone else is buying your position for their own benefit.
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at times there just simply isn’t enough liquidity for some of these larger players to satisfy their own taste,
so they’ll create liquidity by setting traps for the participants of the market.
one of the most common, and devious of these traps is called an expanded flat.
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w5 target = $37,430.
