Bitcoin (BTC) Unmoved By Short Lived Pumps


Bitcoin (BTC) has started its decline after a fake move to the upside. When it happened, I pointed out that it was just short lived manipulation aimed at shaking out the bears before the major decline kicks in. This was not the first time it happened and it surely won’t be the last. Before every major turning point in the market, market makers try to scare off traders on both sides and keep them as confused as possible. As we can see on the BTC/USD chart, they ended up shaking out the bears as well as the bulls around that…
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Bitcoin (BTC) Unmoved By Short Lived Pumps

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