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Author Topic: Btc orders price plan changed this month i change my orders  (Read 36 times)
Collateralbank (OP)
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August 19, 2023, 12:22:00 PM
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I change my btc orders something changed on the Market this month of aug.
Limit buy orders: 24700$ and 25666$
Limit sell orders: 27870$ and 28700$

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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August 19, 2023, 12:27:05 PM
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I change my btc orders something changed on the Market this month of aug.
Limit buy orders: 24700$ and 25666$
Limit sell orders: 27870$ and 28700$
This means that you are a swing trader. That is a good trading plan. I will only advice you to know how to use the appropriate leverage if you are using it. Do not use any leverage that will result to trading fund liquidation at $15000. This means I will advice you not to go more than 2x leverage. No matter what that will happen, you will later make profit.

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Collateralbank (OP)
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August 19, 2023, 12:48:41 PM
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I change my btc orders something changed on the Market this month of aug.
Limit buy orders: 24700$ and 25666$
Limit sell orders: 27870$ and 28700$
This means that you are a swing trader. That is a good trading plan. I will only advice you to know how to use the appropriate leverage if you are using it. Do not use any leverage that will result to trading fund liquidation at $15000. This means I will advice you not to go more than 2x leverage. No matter what that will happen, you will later make profit.


You are correct !! There is heavy instutions money waiting on 15k-20k to buy it so it's unlikely the price of btc can go lower then 15-20k more likely the 18k-20k Will hold BTC price well. But generally the 2023 will be kinda smooth year btc will stay 20k-30k price range.
The 20k price Will be likely lowest in 2023-2024.
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