Bitcoin has briefly dumped below $22k today!
I have not seen any negative news that would trigger this (unless I have missed something - let me know in the comment!) This tells me it can be a massive fakeout to the downside for a breakout pump!
There was an opportunity for a limit order long from this level with a stop loss at $21,700
This is one of those trades where people do “buy the dip” thing hence the reason it was bought back so fast!
But now hours later Bitcoin dumped to this level again with strong selling pressure!
They might try to dump the market again below the line to create a fakeout with a breakout pump. The buyback has happen very quickly so breaking the line might not work!
I don’t trust this dump at all!
Follow my “$0.50 to $100 Bankroll BOSTER” Blog where I trade Publish0x payouts on Kucoin to increase earnings!
TWO EXCHANGES I RECOMMEND YOU JOIN + BINANCE SIGNUP BONUS!
1. Kucoin (for Publish0x payouts and gem tokens)
I found Kucoin to be the best way to withdraw your Publish0x payouts and with upcoming Kucard it will be the best way to spend your earnings on coffee, groceries, etc. You can get $500 trading bonus and 10% off trading fees if you register via my referral link ($100 deposit required though)
2. Binance (withdraws to your card or bank accounts good bonuses and promotions)
Right now it is the best time to join Binance, they literally pay you to join and get their free Binance Visa Debit Card!
By Signing up via my referral linkyou get the following reward options:
To Get $5 USDT Reward:
Register an Account + Complete KYC: You Get 5 USDT
To Get $10 USDT Reward:
- Register an Account + Complete KYC + First Purchase: You Get $10 USDT
To Get $20 USDT Reward:
- Register an Account + Complete KYC + First Purchase + Order the Binance Card: You Get $20 USDT (there are no fees to order your Binance Card, You Get Free delivery)
You literally get $20 for free and a free Binance card (where other normally charge deliver fee!)
I have been Binance user for a few years now and it really is the best exchange!
Remember to sign up via the link below!