#Bitcoin is still moving in the range. Nothing changed. We did dump yesterday and touched the support around 5800$ , but honestly shorts are way too high for a bug dump right now. As you all know $BTC has been manipulated by leverage exchanges a lot so more often than not they will go for the liquidations and stops hunt before any other major move.
BTC is Enclosing 100MA and 200MA on 1h. They did cross bearishly too.
Soon we will if the shorts will be squeezed further or not.
Staying moderately bullish still.
BTC is Enclosing 100MA and 200MA on 1h. They did cross bearishly too.
Soon we will if the shorts will be squeezed further or not.
Staying moderately bullish still.