“In bitcoin, like in every other market, the market loves to leave orders on the round numbers.
Donnelly illustrated his point by giving the example of marathon runners, many of whom strive to break four hours. They would consider, he stated, a few seconds over the 4h point to be a failure, but would celebrate 3h 59 as a major victory.
“If you are leaving stop-loss orders, always leave them on the correct side of the round or meme number.