As you can see, BTC was pumped through yesterday with low volume in a channel. Followed by news of tightened IRS scrutiny upon the crypto currencies came out today, which resulted in a High Volume Dump. Always be aware of the indicators, avoid forming cognitive biases based on feelings, especially feelings subliminally dumped into your mind.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.