Bitcoin got a dump pump 'n dump today. I believe it's due to macro economic factors. Nevertheless as I posted on Twitter already, dips like this can happen. A dip of 10% is nothing compared to the dips that occured in the last bull cycle. We've seen a lot of greed in the market and it's something to really take care off.
I'll remain bullish in the short term if we can stay above 4H EMA's (where the green line has been drawn). Keep in mind the EMA's (of course do move) if we get a candle close beneath the ribbons I'll become bearish in the short term
And since it's dipping it may be nice to buy some additional crypto :)
I'll remain bullish in the short term if we can stay above 4H EMA's (where the green line has been drawn). Keep in mind the EMA's (of course do move) if we get a candle close beneath the ribbons I'll become bearish in the short term
And since it's dipping it may be nice to buy some additional crypto :)