Bitcoin is far from being an asset or anything of that kind, the prices moves from the bigger market movers who like to manipulate prices to a point that there are little to no explanations to the price movements.
Although 99% of people think they have figured out Bitcoin and its movements, they haven't. This currency is now used for manipulating newer adopters...
The market always has a game plan but the main aim of the market is to make you buy at the highest point possible. While the people who predict things get rewarded. The later you buy, the more that the people who invested at the bottom earn.
The MAIN AIM IS TO MAKE YOU BUY HIGHER!
The whales use your money by printing a picture for a massive buy signal for...
Short term gameplay is long. I am holding a long from the pivot as shown and will hold it through to see how it reacts in the golden/yellow areas on my chart. The main target is hitting the Blue line. Taking Profits all the way up at nearly every significant fib retracement from this move.
Good luck and happy trading.
**DO NOT TAKE ANY OF THIS AS FINANCIAL ADVICE**