Part 8/15:
He highlights that the "dolphins" and "sharks"—wallets holding between 100 and 10,000 bitcoins—are increasing their positions steadily. This ongoing accumulation, coupled with declining whale holdings, signals support for higher prices as the market matures. Additionally, the rapid appreciation phase from November’s lows to recent highs underscores the cyclic nature of these movements.
Trading Strategies: Scaling and Risk Management
Willie emphasizes a pragmatic approach to trading, especially in the volatile crypto environment. His own strategy involves:
- Bucking the temptation to time the absolute top; instead, he prepares to scale out gradually once there's strong confirmation of trend reversal.