This is simple, Trumps Election win caused a massive rally with no retrace back to November 6th. We have to balance out that price action before we break the ceiling of $4,000. I also believe we had a massive gain on Crypto New Comers and this is the way they will get wiped out. Call it a Bear Trap, Shakeout, Liquidator. We will eventually climb back up.
Disclaimer
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.
Disclaimer
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.