Elon tweets pump cryptos

Forget technical analysis... Read the news

By Bfab | Good vibes | 21 Jul 2021


Has anyone predicted the rebound of today with technical analysis? Why does it surge again? Is it the beginning of a new bull run?

Just look at the news:

  • Elon said Tesla will accept Bitcoin again for payments
  • He also said that he owns ETH and DOGE

And boom!! That's enough. Cryptos surge again, particularly ETH.

Too early to say if it's the beginning of a new bull run, but it confirms that these news have more impact than technical analysis.

Now, what's next? A new tweet from Elon saying that ETH and DOGE should work together? Why not... Personally, I would bet on ETH rather than on DOGE... And on MATIC rather than on SHIBA INU. And please forget technical analysis, which can only explain what already happened. The news give the trend, and the FOMO makes the rest...🐖

 

 

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Bfab
Bfab

Thinking too much?


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