Winkelvoss ( NOT CBOE ) twins BTC ETF rejected by SEC again, not all ETF's are rejected.
https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
CNBC
Winklevoss twins bitcoin ETF rejected by SEC
The Securities and Exchange Commission rejected a proposal by Cameron and Tyler Winklevoss, founders of crypto exchange Gemini, for the first-ever cryptocurrency ETF.
πBTC Monthly: Bullish Engulfing Pattern?π
As you can see on the 1M chart below, the smaller red candle is overshadowed by the larger green candle as we approach the monthly close tomorrow.
BTC opened the month and moved lower than the previous monthly close. Bulls stepped in however, and began to buy the dip which pushed the price higher at the close of last month. As we've discussed, bullish sentiment has taken overπ
So is this a bullish engulfing pattern?
Kind of...technically an englufing pattern doesn't require the entire range to engulf the bearish candle (the wicks) however most proponents of the pattern will tell you that it's stronger when the entire pattern (body and wicks) engulfs the bearish candle.
Why is this important?
A bullish engulfing pattern indicates a potential reversal of community sentiment . It's a very important candlestick pattern because it points to a trend reveralπ
In order to be valid, the market must be in a clearly defined downtrend, include a bearish candle followed by a bullish candle, and the bullish candle must engulf the entire body of the bearish candle - all this criteria has been metβ
Whether you care about the candlestick pattern or not, the monthly candle looks very bullish for continued upside, though we're hoping for more consolidation.
Though shorter term we expect some downside back to the mid/low $7ks, the monthly looks very strong, if volume continues to increase so will the price π₯
BTC Volatility
The Bitcoin Historical Volatility Index is showing that BTC volatility is at it's lowest point in a few weeks and each time it has hit this range we've seen volatility increase. We expect a decent candle from Bitcoin today. Most short term analysis we've done is pointing to downside, so we'll close this long in the profit by moving our stoploss up and setting lower long bids as indicatedπ
As you can see on the 1M chart below, the smaller red candle is overshadowed by the larger green candle as we approach the monthly close tomorrow.
BTC opened the month and moved lower than the previous monthly close. Bulls stepped in however, and began to buy the dip which pushed the price higher at the close of last month. As we've discussed, bullish sentiment has taken overπ
So is this a bullish engulfing pattern?
Kind of...technically an englufing pattern doesn't require the entire range to engulf the bearish candle (the wicks) however most proponents of the pattern will tell you that it's stronger when the entire pattern (body and wicks) engulfs the bearish candle.
Why is this important?
A bullish engulfing pattern indicates a potential reversal of community sentiment . It's a very important candlestick pattern because it points to a trend reveralπ
In order to be valid, the market must be in a clearly defined downtrend, include a bearish candle followed by a bullish candle, and the bullish candle must engulf the entire body of the bearish candle - all this criteria has been metβ
Whether you care about the candlestick pattern or not, the monthly candle looks very bullish for continued upside, though we're hoping for more consolidation.
Though shorter term we expect some downside back to the mid/low $7ks, the monthly looks very strong, if volume continues to increase so will the price π₯
BTC Volatility
The Bitcoin Historical Volatility Index is showing that BTC volatility is at it's lowest point in a few weeks and each time it has hit this range we've seen volatility increase. We expect a decent candle from Bitcoin today. Most short term analysis we've done is pointing to downside, so we'll close this long in the profit by moving our stoploss up and setting lower long bids as indicatedπ
BTC UPDATE. Iβm seeing the following path on BTC as possible. An overall drop to 7600βs (right in our stops area) and then a possible stop hunt before a run. We could run up from here. Fact is we are at the mercy of the market makers and they donβt like to make heir intentions known. https://www.tradingview.com/x/4JETAq1F/
BTC UPDATE 1HR CHART: Possible BTC path over next few hours/days: BTC may be establishing a downward channel as per the following chart. If we bounce out of the channel, I think we will bounce back up at some point. I will be looking to buy in as soon as we can come close to the bottom of the channel, anywhere from 7650 to 7715. Smaller positions at the higher buy ins, larger position at the lower buy ins. https://www.tradingview.com/x/nKzg5fGQ/
BTC UPDATE: BTC is in an upward channel which may or may not be invalidated today. There seems to be some downward pressure, but the ETF news does still add bullishness to the equation, so we could go either way depending on how the market makers want to push the price. https://www.tradingview.com/x/9sTBcsnp/
π¨OKEx liquidation and ETH/USD Bitmexπ¨
An important situation is unfolding at OKEx, one of the top crypto exchanges in terms of daily volume. The number one contract holder at OKEx had accumulated a $460 million long position before he was liquidated πon July 31st. While this is astonishing in its own right being such a massive position to be liquidated, the main issue with the current situation is that that the liquidation did not get filled in the market. There is now a $420 million overhang waiting to be filled just above $8000.
OKEx will be coming out with their decision on how to handle the recent liquidation at 4:00pm Hong Kong time tomorrow. β³
Currently OKEx has 10 btc in their insurance fund, which is used to reconcile situations like the current one. Unfortunately the liquidation has resulted in a 950 btc loss. Since their insurance fund clearly doesnβt cover the loss, OKEx will have to make a decision on how to reconcile the liquidation sitting on their books.
If BTCβs price canβt climb back above 8k to fill the liquidations, then the massive wall will have to be dealt with by using a clawback. A clawback would entail that shorters have to use their profits to pay for the liquidation. This likely outcomes that will occur if a clawback takes place are: OKEx users will become extremely disgruntled πͺand move to different trading platforms and shorters will close their positions as they do not want to be held responsible for the payback procedure.
This is yet another interesting development in the crypto space. We are not sure as of this point what effect it will have on the market if any but will be awaiting announcement from the OKEx team.
In other news, Bitmex, the leading daily $BTC volume exchange, will now be offer ETHUSD 50x swaps and ETH/BTC 50x future trading options. This offering will be the first altcoin that the Bitmex platform enables you to use USD as a trading pair. Bitmex has quickly become one of the best trading platforms in the space especially during this ongoing bear market and it looks to stay that way.
An important situation is unfolding at OKEx, one of the top crypto exchanges in terms of daily volume. The number one contract holder at OKEx had accumulated a $460 million long position before he was liquidated πon July 31st. While this is astonishing in its own right being such a massive position to be liquidated, the main issue with the current situation is that that the liquidation did not get filled in the market. There is now a $420 million overhang waiting to be filled just above $8000.
OKEx will be coming out with their decision on how to handle the recent liquidation at 4:00pm Hong Kong time tomorrow. β³
Currently OKEx has 10 btc in their insurance fund, which is used to reconcile situations like the current one. Unfortunately the liquidation has resulted in a 950 btc loss. Since their insurance fund clearly doesnβt cover the loss, OKEx will have to make a decision on how to reconcile the liquidation sitting on their books.
If BTCβs price canβt climb back above 8k to fill the liquidations, then the massive wall will have to be dealt with by using a clawback. A clawback would entail that shorters have to use their profits to pay for the liquidation. This likely outcomes that will occur if a clawback takes place are: OKEx users will become extremely disgruntled πͺand move to different trading platforms and shorters will close their positions as they do not want to be held responsible for the payback procedure.
This is yet another interesting development in the crypto space. We are not sure as of this point what effect it will have on the market if any but will be awaiting announcement from the OKEx team.
In other news, Bitmex, the leading daily $BTC volume exchange, will now be offer ETHUSD 50x swaps and ETH/BTC 50x future trading options. This offering will be the first altcoin that the Bitmex platform enables you to use USD as a trading pair. Bitmex has quickly become one of the best trading platforms in the space especially during this ongoing bear market and it looks to stay that way.
BREAKING: The SEC has extended the evaluation period for a rule change on the Cboe VanEck/SolidX Bitcoin ETF.
New trading opportunity!
https://www.tradingview.com/x/Hpi7LjlH/
You can short BTC again by following our chart. Entry area 6340-6350. Stop loss could be just above midbb h1 at 6365 but considering last peak that we saw you can move that stop loss above that peak ( 6395 ).
Targets are 6265 and lowbb currently around 6170.
If we don't see close above topbb m15 than I will be even more confident in this trade. You can follow that chart here: https://www.tradingview.com/x/3th3DFFr/
Good luck!
https://www.tradingview.com/x/Hpi7LjlH/
You can short BTC again by following our chart. Entry area 6340-6350. Stop loss could be just above midbb h1 at 6365 but considering last peak that we saw you can move that stop loss above that peak ( 6395 ).
Targets are 6265 and lowbb currently around 6170.
If we don't see close above topbb m15 than I will be even more confident in this trade. You can follow that chart here: https://www.tradingview.com/x/3th3DFFr/
Good luck!
Elite Crypto Investors
New trading opportunity! https://www.tradingview.com/x/Hpi7LjlH/ You can short BTC again by following our chart. Entry area 6340-6350. Stop loss could be just above midbb h1 at 6365 but considering last peak that we saw you can move that stop loss aboveβ¦
I hope you made profit on this call. It reached lowbb h1 as I said, didnt close below and it was sign of bears losing strenght. Next candle did the sam in the first half hour and then we saw major pump.
I hope you booked some profit on lowbb h1 and moved stop loss to BE so you exited this trade in a profit.
I was off for some private things few hours and I am back and I will try to find new safe entry. Let's make some money!
I hope you booked some profit on lowbb h1 and moved stop loss to BE so you exited this trade in a profit.
I was off for some private things few hours and I am back and I will try to find new safe entry. Let's make some money!
πMEMORITY around the WORLDπ
Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. Files are encrypted with a private key that only their owner has. Memority use the same data protection technology used in blockchain's wallets. Join now!
Each participant of the system receives certain opportunities:
π Data owner - can store data in an encrypted form in a decentralized and completely secure manner, paying for the storage with MMR tokens. Also, he can provide his disk space for data of other users, becoming a hoster, and receive tokens to pay for the stored data.
π Hoster - can receive MMR tokens for providing their disk space to users of the Memority
Website: https://memority.io
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority
Token sale with 10% bonus is live!
Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. Files are encrypted with a private key that only their owner has. Memority use the same data protection technology used in blockchain's wallets. Join now!
Each participant of the system receives certain opportunities:
π Data owner - can store data in an encrypted form in a decentralized and completely secure manner, paying for the storage with MMR tokens. Also, he can provide his disk space for data of other users, becoming a hoster, and receive tokens to pay for the stored data.
π Hoster - can receive MMR tokens for providing their disk space to users of the Memority
Website: https://memority.io
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority
Token sale with 10% bonus is live!
Memority platform - Data storage revolution on blockchain
Memority is a blockchain-based platform for a completely decentralized, ultra-secure storage of valuable data, which ensures the continued availability of several encrypted copies of data on independent storages around the world.
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πA Life in Cryptoπ
Hello everyone,
The price of Bitcoin is currently $6735, with 24 hour trading volumes around 5.7 billion USD. Over the weekend $BTCβs price dropped by nearly 12%. Volume has picked up, but this is mostly derived from many investors/traders attempting to liquidate their holdings as the market has plunged.
In the past few weeks, we have been as deliberate as possible while sharing our strategy with you all. We liked the consolidation that was occuring in the mid-$7000βs and decided to take some entries and reallocate our exposure. That being said, we continually highlighted the disapringly low levels of volume and discussed what our exit points would be in case the market continued to turn south. Many of our analysts signaled $7200 as their point of reducing exposure or turning net short, while others highlighted $6800 which has also been broken.
An aggregated estimate of our analysts exposure has us, on average, represented with 70% fiat and 30% crypto. While common technical analysis tools are indicating that Bitcoin is due for a bounce, it is hard to rely on those currently as sentiment across the cryptocurrency ecosystem is overwhelmingly bearish due to recent developments.
The explanation of the mass capitulation witnessed in the market this weekend cannot be, as we always suggest, linked to one specific event, although some occurrences hold more weight than others - such as when China cracked down on cryptocurrency trading last year. Active members in the space during that time understand the gravitas, or seriousness, of Chinaβs involvement in the cryptosphere prior to its exit, which is why its departure was felt far and wide. π
Nonetheless, the prodigious fall in the market this weekend was not a fault of a nation abandoning the market; instead, it fell due to media coverage of Coinrail being hacked and fears of potential market manipulation by four exchanges.
With respect to the media coverage, let us paint a picture for you: Coinrail, a small exchange literally ranked 100th in trading volume was hacked. The hack itself is unsettling, but the heist itself resulted in a total loss of $40 to $46 million. Yes, the fact of losing around $40 million dollars is hard to swallow, but much larger hacks have occurred and, therefore, the theft of $40 million dollars from an exchange used by less than a percent of the community would not send the market into a frenzy of mass panic. It certainly does not provide peace-of-mind, though.
A more pressing issue within the space is that U.S. regulators launched a probe into four United States-based exchanges this weekend: Coinbase, BitStamp, itBIT, and Kraken. The investigation is to unearth as to whether any market manipulation has occurred within the preceding exchanges, which are used by the Chicago Mercantile Exchange to derive its value for Bitcoin futures. An investigation of this extent is, hands down, the leading case behind the capitulation of this past weekend.
With the probe ongoing, we will continue to gather intel to successfully maintain a grasp on what unfolds. Rest assured, any updates in this investigation will likely send the market rapidly up, or down. Stay tuned.
Hello everyone,
The price of Bitcoin is currently $6735, with 24 hour trading volumes around 5.7 billion USD. Over the weekend $BTCβs price dropped by nearly 12%. Volume has picked up, but this is mostly derived from many investors/traders attempting to liquidate their holdings as the market has plunged.
In the past few weeks, we have been as deliberate as possible while sharing our strategy with you all. We liked the consolidation that was occuring in the mid-$7000βs and decided to take some entries and reallocate our exposure. That being said, we continually highlighted the disapringly low levels of volume and discussed what our exit points would be in case the market continued to turn south. Many of our analysts signaled $7200 as their point of reducing exposure or turning net short, while others highlighted $6800 which has also been broken.
An aggregated estimate of our analysts exposure has us, on average, represented with 70% fiat and 30% crypto. While common technical analysis tools are indicating that Bitcoin is due for a bounce, it is hard to rely on those currently as sentiment across the cryptocurrency ecosystem is overwhelmingly bearish due to recent developments.
The explanation of the mass capitulation witnessed in the market this weekend cannot be, as we always suggest, linked to one specific event, although some occurrences hold more weight than others - such as when China cracked down on cryptocurrency trading last year. Active members in the space during that time understand the gravitas, or seriousness, of Chinaβs involvement in the cryptosphere prior to its exit, which is why its departure was felt far and wide. π
Nonetheless, the prodigious fall in the market this weekend was not a fault of a nation abandoning the market; instead, it fell due to media coverage of Coinrail being hacked and fears of potential market manipulation by four exchanges.
With respect to the media coverage, let us paint a picture for you: Coinrail, a small exchange literally ranked 100th in trading volume was hacked. The hack itself is unsettling, but the heist itself resulted in a total loss of $40 to $46 million. Yes, the fact of losing around $40 million dollars is hard to swallow, but much larger hacks have occurred and, therefore, the theft of $40 million dollars from an exchange used by less than a percent of the community would not send the market into a frenzy of mass panic. It certainly does not provide peace-of-mind, though.
A more pressing issue within the space is that U.S. regulators launched a probe into four United States-based exchanges this weekend: Coinbase, BitStamp, itBIT, and Kraken. The investigation is to unearth as to whether any market manipulation has occurred within the preceding exchanges, which are used by the Chicago Mercantile Exchange to derive its value for Bitcoin futures. An investigation of this extent is, hands down, the leading case behind the capitulation of this past weekend.
With the probe ongoing, we will continue to gather intel to successfully maintain a grasp on what unfolds. Rest assured, any updates in this investigation will likely send the market rapidly up, or down. Stay tuned.
πMEMORITY around the WORLDπ
Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. Files are encrypted with a private key that only their owner has. Memority use the same data protection technology used in blockchain's wallets. Join now!
Each participant of the system receives certain opportunities:
π Data owner - can store data in an encrypted form in a decentralized and completely secure manner, paying for the storage with MMR tokens. Also, he can provide his disk space for data of other users, becoming a hoster, and receive tokens to pay for the stored data.
π Hoster - can receive MMR tokens for providing their disk space to users of the Memority
Website: https://memority.io
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority
Token sale with 5% bonus is live!
Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. Files are encrypted with a private key that only their owner has. Memority use the same data protection technology used in blockchain's wallets. Join now!
Each participant of the system receives certain opportunities:
π Data owner - can store data in an encrypted form in a decentralized and completely secure manner, paying for the storage with MMR tokens. Also, he can provide his disk space for data of other users, becoming a hoster, and receive tokens to pay for the stored data.
π Hoster - can receive MMR tokens for providing their disk space to users of the Memority
Website: https://memority.io
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority
Token sale with 5% bonus is live!
Memority platform - Data storage revolution on blockchain
Memority is a blockchain-based platform for a completely decentralized, ultra-secure storage of valuable data, which ensures the continued availability of several encrypted copies of data on independent storages around the world.
β³οΈ Here are some of the reasons to invest in URUN token:
β Limited oο¬er
β Gradual decrease in the number of tokens in circulation
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πGet your URUN tokens at: https://urunit.io/
Telegram: https://t.me/urunit
Website: https://www.urunit.io/
Bounty Thread: https://bitcointalk.org/index.php?topic=3548786
β Limited oο¬er
β Gradual decrease in the number of tokens in circulation
β High ratings in top ICO calendars
β Great professional team
β Jackpot drawings
πGet your URUN tokens at: https://urunit.io/
Telegram: https://t.me/urunit
Website: https://www.urunit.io/
Bounty Thread: https://bitcointalk.org/index.php?topic=3548786
News Time:π
πCFTC has begun an investigation into possible price manipulation on the bitcoin futures market. Data from four major exchanges (Coinbase, Kraken, itBit, and Bitstamp.) has been requested by regulators to see if there is any truth in the claims of distortion and malpractice.
πThe Securities and Exchange Commission of Thailand has unveiled the details of the countryβs regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and a list of seven approved cryptocurrencies: bitcoin, ethereum, bitcoin cash, ethereum classic, litecoin, ripple, and stellar.
πHuobi announced about creating a new digital currency trading marketplace in the US. The platform comes via a newly created company which is called HBUS.
πDentist Dr. Swapna Raveendranath is now accepting Dentacoin (DCN) in California, an ERC20 cryptocurrency, as a form of payment. Patients at Shine Dental will be able to pay with Dentacoin by the end of the summer, when theyβll be able to purchase the cryptocurrency online with a credit/debit card. The practice also accepts Bitcoin, Ethereum and Litecoin.
πWaltonchain joins TokenBook Global Blockchain Technology Popularization Campaign in Zhengzhou, Henan Province.
πAccording to a research of John Backus, who shared his findings on Twitter, 468 known scam addresses are listed on MyCrypto's EtherScamDB. More than 8,100 ETH, now worth over $4.3 million has been sent to addresses known to be scam addresses
πCFTC has begun an investigation into possible price manipulation on the bitcoin futures market. Data from four major exchanges (Coinbase, Kraken, itBit, and Bitstamp.) has been requested by regulators to see if there is any truth in the claims of distortion and malpractice.
πThe Securities and Exchange Commission of Thailand has unveiled the details of the countryβs regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and a list of seven approved cryptocurrencies: bitcoin, ethereum, bitcoin cash, ethereum classic, litecoin, ripple, and stellar.
πHuobi announced about creating a new digital currency trading marketplace in the US. The platform comes via a newly created company which is called HBUS.
πDentist Dr. Swapna Raveendranath is now accepting Dentacoin (DCN) in California, an ERC20 cryptocurrency, as a form of payment. Patients at Shine Dental will be able to pay with Dentacoin by the end of the summer, when theyβll be able to purchase the cryptocurrency online with a credit/debit card. The practice also accepts Bitcoin, Ethereum and Litecoin.
πWaltonchain joins TokenBook Global Blockchain Technology Popularization Campaign in Zhengzhou, Henan Province.
πAccording to a research of John Backus, who shared his findings on Twitter, 468 known scam addresses are listed on MyCrypto's EtherScamDB. More than 8,100 ETH, now worth over $4.3 million has been sent to addresses known to be scam addresses
Araw Pay - The Decentralised Payment Gateway. You will see this button on many websites by end of 2019! Read #ARAW whitepaper for detail! - https://arawtoken.io/ #Crypto #Blockchain #arawtoken #icosale #ecommerce #payment #ethereum #cryptocurrency #arawpay
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πMEMORITY around the WORLDπ
Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. Files are encrypted with a private key that only their owner has. Memority use the same data protection technology used in blockchain's wallets. Join now!
Each participant of the system receives certain opportunities:
π Data owner - can store data in an encrypted form in a decentralized and completely secure manner, paying for the storage with MMR tokens. Also, he can provide his disk space for data of other users, becoming a hoster, and receive tokens to pay for the stored data.
π Hoster - can receive MMR tokens for providing their disk space to users of the Memority
Website: https://memority.io
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority
Token sale with 5% bonus is live!
Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. Files are encrypted with a private key that only their owner has. Memority use the same data protection technology used in blockchain's wallets. Join now!
Each participant of the system receives certain opportunities:
π Data owner - can store data in an encrypted form in a decentralized and completely secure manner, paying for the storage with MMR tokens. Also, he can provide his disk space for data of other users, becoming a hoster, and receive tokens to pay for the stored data.
π Hoster - can receive MMR tokens for providing their disk space to users of the Memority
Website: https://memority.io
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority
Token sale with 5% bonus is live!
Memority platform - Data storage revolution on blockchain
Memority is a blockchain-based platform for a completely decentralized, ultra-secure storage of valuable data, which ensures the continued availability of several encrypted copies of data on independent storages around the world.
β³οΈ#URUNIT is proud to have:
β 51k+ Telegram members
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πWe really appreciate your support!
If you are not a part of URUNIT revolution yet, join us at: https://urunit.io/
Telegram: https://t.me/urunit
Website: https://www.urunit.io/
Bounty Thread: https://bitcointalk.org/index.php?topic=3548786
β 51k+ Telegram members
β 17k+ Facebook fans
β 23k+ Twitter followers
β Top-notch Advisers
β Many distinguished partners
πWe really appreciate your support!
If you are not a part of URUNIT revolution yet, join us at: https://urunit.io/
Telegram: https://t.me/urunit
Website: https://www.urunit.io/
Bounty Thread: https://bitcointalk.org/index.php?topic=3548786
BTC chart update: https://www.tradingview.com/x/IMcW1QFU
BTC is testing areaof resistance!
Even if BTC breaks this area, there are new areas of resistance!
On the other side, BTC is forming falling wedge: https://www.tradingview.com/x/gSiA1XDp
But, when you see bullish pattern, first it doesnt mean that it will work and that price will go up! But even if it will work, it doesn't mean everything bad is behind us and we are going to the moon. Yeah, BTC can brea out, test new resistance and then go down again!
As I said yesterday, I expect recovery to 7.5k maybe 7.7k but it doesn't mean that price will go up!
I am still very bearish on short-term price and I think BTC has to reach 6k . When? I will try to predict exact day or at least week but I think it is going to happen in April for sure!
Conclusion:
I am still bearish and even if we see BTC breaking this area
BTC is testing areaof resistance!
Even if BTC breaks this area, there are new areas of resistance!
On the other side, BTC is forming falling wedge: https://www.tradingview.com/x/gSiA1XDp
But, when you see bullish pattern, first it doesnt mean that it will work and that price will go up! But even if it will work, it doesn't mean everything bad is behind us and we are going to the moon. Yeah, BTC can brea out, test new resistance and then go down again!
As I said yesterday, I expect recovery to 7.5k maybe 7.7k but it doesn't mean that price will go up!
I am still very bearish on short-term price and I think BTC has to reach 6k . When? I will try to predict exact day or at least week but I think it is going to happen in April for sure!
Conclusion:
I am still bearish and even if we see BTC breaking this area