Yang358

Bitcoin will defy the Newton's law of gravitation?

Yang358 Updated   
BITMEX:XBT   Bitcoin
1. It was reported in news billionaire Elon Mush twitted Bitcoin and that sent the price up almost 20% I think due to heavy short cover.

2. Is this new uptrend to breakout 40K? The true answer is I don't know but my personal opinion the 4H trend can be manipulated but the weekly trend may not be that easy to twist.

3. Chart analysis in NY time zone.
Comment:
4. But no doubt this technical chart needs to be revised to meet the new technical condition as Bitcoin is walking on different pathway with different price rhythm.

Comment:
5. Technical chart updated with some revision (Gamma Squeeze)

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