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Crypto_Savage11
Feb 12, 2022 11:36 AM

Why I don't think this is an exit pump 

Bitcoin / United States DollarCoinbase

Description

Exit pumps can be seen on my chart marked with yellow arrows, where BTC failed to break through the 50MA. This time however, it broke the 50MA. You can also see the 200MA crossing the 100MA, and the last time this happened BTC flew 130%^. Not saying it will fly tomorrow, we will probably retest lower support, but doesn't look to me like we'll be seeing the 24k-30k range like many anticipated.
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