If you are happy that Bitcoin closed the day above 50k and you are lucky enough to buy the dip, wait until you realize Bitcoin was around $1.000 shy from yesterdays close and the daily downtrend line was not even tested.
This means one thing: We will have another down day and further.
Expect a huge drop in few hours if not minutes, whales started dumping. The bull trap has completed!
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Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
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.