So today BTC pump n dump were odd. It just landed to 7201 area from 6800, maintain to hold it for 5 hours and dump back to 6542 in 3 hours after BTC1! market open. I'm trully believe BTC is going to break the 7500 resist , because lots of whales move their BTC to their cold wallets. Probably this is the way how they could buy more BTC before sell the top for us. But , for now our resist is at 6750 , which hold the dump on 10 April 2020. If it break 6750 , probably the next resist is at 7200. If it turn to be bearish trend , it will dump us back to 4k but i dont think whales will do that, its just 1 month from the latest 3850 dump.
Note
target accomplished! i'll go neutral for nowNote
Price gonna retest the support lines, around 7.2K and 7k , keep looking at stochastic for more accurate support line.Note
6.5k is the worst option if bulls failed to hold 7k (back)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.