Bitcoin
Short
Updated

BTC for short term... Why so panic ?

575
I have to publish this idea... I watch tradingview ideas every day and I have to say: 90% is crap !... People posting long term idea every day ? really ? someone post TA for months and change it every day... Stop it please, you are not wolf of wallstreet just because you post some lines on your charts every day. When price goes 20-30% up its ok, not a big deal. But when price goes down 5-10% it's totally crash ! sell ! 1k comming ! So please, think twice when you post something and try to use simple indicators like fibo retracement :) its very simple, easy to use but very usefull ! As you can see in my chart, price is still above 50% fibo, so it's just correction after bull market. Price will drop to 9300 or retest high on 11700. Just wait and watch...

I hope you don't get me wrong... I really appreciate good TA with meaningful comments to their charts. I am just angry when I see misleading charts which can deceive newly arriving traders :)
Note
While it's not entirely clear at this time what factors sparked the sell-off, the timing coincides with reports of unauthorized sells on cryptocurrency exchange Binance. The exchange has since suspended withdrawals, according to statements, with the situation coming less than a month after a prolonged system upgrade raised fears of a hack.
Note
Last news from Binance: Many people are reporting their alts were sold, and all was moved into VIA to pump it. From my reading, Binance has stopped withdraws. You can check VIACOIN chart and you know what happend...
Note
'All Funds Are Safe': Binance Denies Crypto Hack Rumors...
Huge sell was probably caused by "whales" in my opinion + rumors by Binance hack...

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