The recent dip in
BTCUSD
, due to BITFINEX:BCHUSD aka Shitcoin whales trying to manipulate the price to make more its mining more profitable then
BTCUSD
. We saw a recent sell off and shift of positions on BTC due to this.
$4000 is a very big round psychological number, this could be a demand area. However, due to the recent increase in shorts , if $4000 breaks we will most likely retrace anywhere between $3700 and $3500.
BTCUSD
, due to BITFINEX:BCHUSD aka Shitcoin whales trying to manipulate the price to make more its mining more profitable then
BTCUSD
. We saw a recent sell off and shift of positions on BTC due to this. $4000 is a very big round psychological number, this could be a demand area. However, due to the recent increase in shorts , if $4000 breaks we will most likely retrace anywhere between $3700 and $3500.
