Three reasons why Bitcoin is down
In this post I am gonna tell you three reasons why Bitcoin is down so read it carefully and think before you invest your money in cryptomarket ...
Today btc dumped 500$ in few hours because of three reasons.
Three reasons of Today's dump.
Rising wedge correction which happened earlier after breakdown of triangle.
Rumors about 15000+ btc transferred to exchanges from another wallet which are holding approx 110000 btc. They were dumped it on market orders. That previous transferred tether whales still didn't used.
Goldman sachs drops plans to open crypto trading desk.
And now the other thing that shorts were increased parabolic from 2nd of September and currently holding above that 33500+ orders which also can be squeeze anytime soon and recently btc rebound from the previous reversal zone of bull flag pattern wait for safe entry.
Eth you can accumulate 235$-243$ in low leverage like 2x to 3x on small amount because possible of little more dump if it will not hold these current level we will keep you updated. 💰 💰
If you get some valueable information follow @googleguy for more and keep trading