Bitcoin: fake news-driven pump over, dump to 5k, 2.5k
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This market reeks of greed and greed-driven stupidity. Sunday some unscrupulous people released the fake news that countries won't regulate the cryptomarket, and the price of some sh!tcoins surged by 50%.
I'm almost certain that real news about tough regulations against money laundering, speculation, & fraudulent crowdfunding will come out this week, one by one.
That is why fake news need to come out first: so that the whales can unload at premium.
About TA: Bitcoin first time under 200D since 2015 & death cross imminent. Last time this happened price dropped another 80%.
About sentiment: suddenly everyone is bullish. Enough said.
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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.