By the way,..... I would like to mention:
Some of you may know that a bit over a week ago, Binance US had stated that it may lose its banking services, so it suggested that either people withdraw their USD or convert them over to USDT.
I converted all mine over to USDT and then re-established my buy/sell orders on Binance US as part of the BTC/USDT pair, and so it was a bit strange that about 3.5 hours ago (calculated from the time of this post), I was waiting for my sell order at $28,900 to fill, and then all of a sudden all of my orders filled from $28,900 all the way up to $129,400... .. and there was some kind of a fat finger or something, and then the price moved back down to $28,800-ish... so I bought back all the BTC that I had sold (plus a little extra), and reset my BTC sell orders and also ended up with some extra USDT out of the deal, too.. .. I don't really want to disclose the amounts, but it surely adds up... and I have not exactly added it up.. I suppose that I could do some math at some point.
I would have had my BTC sell orders (with the USDT pair) up to $150k; however, at the time that I set my orders (maybe a week and a half ago), their system did not allow me to set sell orders higher than $130k... but this fat finger, or whatever it was, had ended up buying bitcoin all the way up to $138k. .. When I just reset my sell orders, it allowed me to set them up to $145k... so usually those kinds of fat fingers do not happen twice, even though sometimes some variation of them can happen when the order books get cleared out like that.. or who knows what caused such a thing?
The market and the orders on Binance US's BTC/USDT pair seem to be working normally now, and it is difficult to know what caused such a spurt in the price.. whether a bug, a fat finger, or just very illiquid markets.. or even manipulation?
What a nice story..congrats..we all need some luck from time to time
From prior trading, people were speculating that wicks like this are made to 'show' the traders the ultimate reachable target.
If so, 138K sounds plausible for some kind of a peak (not sure if it is the ultimate for this cycle or intermittent).