Pull-back or non-stop rising? - $BTC and #crypto analysis
BTC pumps a like it hasn´t do it in more than 10 months. Currently, in a 10 months high. But now, what? In traditional markets these kind of pumps are usually accompanied by consolidation periods in which a pull-back takes place.
During the last hours the BTC price has retraced 800 points. A signigican and sudden pull-back. Now we should wonder, is it the pullback that we were waiting for? Can we say that the price has been consolidated? Has this crazy pump being made by other exchanges taking advantage that the gigant Binance has cancelled deposits and withdraws to damage their reputation more?
The FOMO feeling attacks to many traders right now. However, we should remain strong for not letting our feelings to buy in a moment with high degree of indecision and volatility.
The Copilot
During the last hours the BTC price has retraced 800 points. A signigican and sudden pull-back. Now we should wonder, is it the pullback that we were waiting for? Can we say that the price has been consolidated? Has this crazy pump being made by other exchanges taking advantage that the gigant Binance has cancelled deposits and withdraws to damage their reputation more?
The FOMO feeling attacks to many traders right now. However, we should remain strong for not letting our feelings to buy in a moment with high degree of indecision and volatility.
The Copilot
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