norok

No Mars for Bitcoin?

Short
BITFINEX:BTCUSD   Bitcoin
Papa Elon was not able to launch BTCUSD to Mars with his tweet. The spike nature of the daily bar of that event, with it closing back below support with a long wick, is NOT a bullish sign. The pump was simply not sustained.

The most likely case is a return to test the supports of 29800 in the near term.

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