On this episode of Trading Mindset, learn how round numbers and price targets can affect the movement of price itself. When everybody is expecting a Bitcoin rally to $100,000, how likely is that to actually happen?

ABOUT BYBIT:
Established in March 2018, Bybit is one of the fastest-growing cryptocurrency exchanges, built on customer-centric values. We endeavor to provide a professional, smart, intuitive and innovative trading experience to better serve our customers, and are committed to creating a fair, transparent and efficient trading environment with 24/7 multi-language support as part of our service.

Learn more about blockchain and crypto here: https://go.bybit.com/e/oyaxpNUqKsb
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Factual and Statistical Sources:
Pring, Martin J. Technical Analysis Explained. McGraw-Hill, 5th edition, January 8, 2014.
"Revisiting attribute framing: The impact of number roundedness on framing," Organizational Behavior and Human Decision Processes, Volume 161. Gaurav Jain, Gary J. Gaeth, Dhananjay Nayakankuppam, Irwin P. Levin (2020).
"Clustering in US Stock Prices after Decimalisation," European Financial Management, Volume 14, Issue 1. David L. Ikenberry, James P. Weston (2008).

Edited by: Gregory Accetta
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