Whales on bull? Vs Whales on bears?
Updated
Bitcoin showed a good pump up and reached 9.3k in 12 hours. As seen on the 4 hour chart it still needs to break the 61.8% fib level at $9494.08 . If it closes above that line we are going to test the next resistance level at $10465.48
Rumours telling that this reversal happend because of a whale starting the pump on #Gdax and shifting to finex and cie. If the volume which comes in is on a such base the upward movement may not last long. Lets see what will happen next.
Rumours telling that this reversal happend because of a whale starting the pump on #Gdax and shifting to finex and cie. If the volume which comes in is on a such base the upward movement may not last long. Lets see what will happen next.
Note
If breaks $9494.08 i.e. the resistance line it will be heading for $10465.48 Seems good but still needs time[upto 2 days] till volume gets better again.
Note
Put your stoploss instead if it couldn't bounce from the 9k level while correcting. It wont take much if it breaks the 9k support so dont forget to watch your trades.
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