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BITCOIN pumps and its exhaustions
Bitcoin
BITCOIN pumps and its exhaustions
By Hai10Year
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Apr 2
3
Apr 2
It tends to happen to the other coins as well. The first pump and come back twice for exhaustion. It will scare out the FOMOers.
For the long-term, be mindful that Bitcoin will come back to the EXHAUSTION area (21 and 55EMA weekly).
The latest pump, BTC broke out of the W pattern without retest, I did not feel so good. But now it has done enough retest.
The exhaustion of pumps happened with CLV, IDEX, LRC, ...
Trend Analysis
Hai10Year
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