$BTC
81000, 5 MIN LTF ANALYSIS!
#Bitcoin was trading sideways today when it suddenly made a very nice move. Over the last 4 hours, it continued to rise by 4%, or nearly 3.5k.
So why did it rise? Actually, there was a large group shorting Bitcoin due to the fee increase, and this move has largely if not completely sidelined them.
That said, I think it will drop after rising a bit more. It doesn’t seem all that normal for Bitcoin to rise while gold is falling.
Buy the dip and short! DYOR
#BOJRaisesRatesTo31YearHigh
#BuffettStepsDownAsBerkshireChairman
#XRPExchangeReservesHitSevenYearLow
#HKCompletesFirstHKDStablecoinUseCase
81000, 5 MIN LTF ANALYSIS!
#Bitcoin was trading sideways today when it suddenly made a very nice move. Over the last 4 hours, it continued to rise by 4%, or nearly 3.5k.
So why did it rise? Actually, there was a large group shorting Bitcoin due to the fee increase, and this move has largely if not completely sidelined them.
That said, I think it will drop after rising a bit more. It doesn’t seem all that normal for Bitcoin to rise while gold is falling.
Buy the dip and short! DYOR
#BOJRaisesRatesTo31YearHigh
#BuffettStepsDownAsBerkshireChairman
#XRPExchangeReservesHitSevenYearLow
#HKCompletesFirstHKDStablecoinUseCase
