What a crazy pump wolves, 1.2 billion trading vol in one hour - the most BTC to trade hands in one hour EVER.
Manipulation? Yes. But FOMO seems to have kicked an and we are holding for now. We have broken out of the long term wedge and are attempting to consolidate above the wedge resistance and turn it into support, if we manage to do this, we will kick off a new bullish trend - an exciting few months ahead.
However, if we fall below the wedge resistance, we will possible fall back into the long term wedge and downtrend, important moment for the future of BTC.
Who will win? BEARS OR BULLS?
Manipulation? Yes. But FOMO seems to have kicked an and we are holding for now. We have broken out of the long term wedge and are attempting to consolidate above the wedge resistance and turn it into support, if we manage to do this, we will kick off a new bullish trend - an exciting few months ahead.
However, if we fall below the wedge resistance, we will possible fall back into the long term wedge and downtrend, important moment for the future of BTC.
Who will win? BEARS OR BULLS?
Note
Daily candle closed above the long term wedge resistance, good signs for btc.
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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.