If I want to deceive the bearish traders and short-sellers into believing that Bitcoin is still in the four-year cycle, and that the current bear market has already arrived with prices dropping to $40,000, I would create a fake head and shoulders pattern. This would encourage short-sellers to confidently increase their short positions, making them think they are about to make a big profit.
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#BTC
If I want to deceive the bearish traders and short-sellers into believing that Bitcoin is still in the four-year cycle, and that the current bear market has already arrived with prices dropping to $40,000, I would create a fake head and shoulders pattern. This would encourage short-sellers to confidently increase their short positions, making them think they are about to make a big profit.