The manipulator has 2 events to dump the crypto market at any time.
The 1st one is the delay with the Bitcoin ETF approval. The SEC will say NO again and… up to -15% from the price.
The 2nd event is the Binance & CZ story. If it goes in the same way as it was with FTX…. We should be ready to see 50% - 80% dump from the current price. Is it possible??? I think YES.
So, be careful with your long positions and consider the events above!
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.