From what I had determined earlier, that institutional investors were raising their lows at the $6k mark, I think there may be a bit of market manipulation going on - which is easily done with 11B or so - cause a few percentage drop all in one shot, watch the fomo, wait for stabilization, accumulate, repeat.
But, gauging off of the recent trend - and only the trend - this is just a random button that happened to align with the candles.
But, gauging off of the recent trend - and only the trend - this is just a random button that happened to align with the candles.
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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.