BTC after the “ELON” trap
Elon Musks changes his Twitter bio to bitcoin. Which caused an abrupt action of buying activity. We broke out of the falling wedge and where above our resistance for a while.
But it seems to be the hype retail investor flock & Elon influenced purchasing absolutely got wrecked!! We now know for sure hidden whales, miners and institutions have more power then the retail flock, doesn’t matter what the hype is.
You can not manipulate a decentralized currency that is already heavy manipulated for years!!
back to the Ta:
Daily looks to close back in this wedge. We can even see a potential retest towards 26-29k zone. Break out any times earlier would indicate further uptrend.
But it seems to be the hype retail investor flock & Elon influenced purchasing absolutely got wrecked!! We now know for sure hidden whales, miners and institutions have more power then the retail flock, doesn’t matter what the hype is.
You can not manipulate a decentralized currency that is already heavy manipulated for years!!
back to the Ta:
Daily looks to close back in this wedge. We can even see a potential retest towards 26-29k zone. Break out any times earlier would indicate further uptrend.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.