Possible pattern forming....
Note
Bitcoin holding extremely well given current events. Whales I think have seen this as a perfect opportunity to dump and use COVID-19 as an excuse. I followed the market sentiment in the last 48 hours since this dump and many retail bears have been stopped out and lost money anticipating further downwards movement. I think this is a strong sign whales are manipulating at the moment and reading retail traders mindset like a book. Dangerous times to trade, but think like a whale trying to screw retail traders and be patient.
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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.