Situation BTCUSD 5.3.2019 4:00 pm NYT Thats Not a normal market

As i have been told a lot of times to write something about BTC
i have measured some curious jumps in the last time.


As you can see there are Jumps of around 10% in 1 or 2 or 10 Hours.

Whats interested is, that we have jumps long and have jumps short
in nearly same percentage.

Of course you can tell that the situation of BTC and miners a.s.o. can change
from day to day and also thats not same as in the rest of the economy.

But hey 10% Jump in 2 hours ??

So it seems for me to be a market where only big players make really money.

So what shure is:

If you trade that market STOPP LOSS is what you need.

Of course normally every trade you go, should have a SL , but
if you made some mistake in setting the SL
(i will do some education about that in the future here)
that should not ruin your account at once.

But here going in that market without SL is like a High Noon Showdown and nobody
knows who is quicker with his colt.

Without SL here you can loose all.

So whats the trend now:

If you want to have my thought:

From thinking of trendline its a long market at the moment
cause BTCUSD has jumped above the long suppport trendline again.

I dont know ! how long that will takes.

Good Luck here.