BTC rebounds? I don't think it is over, do you?
Good morning all!
After the yesterday's good news flush, BTC could remain above $7000 and the longest green buying volume bar took place from few weeks now.
But is this the end of the low run?
Many experts did their maths, to calculate things based on the support levels and chart calculations and on paper, things are looking like it is over.
But we all now that this is about news.
And the news are controlled by that media,
Which is controlled by those people,
Who want to gain on BTC.
From this perspective, the masses are not able to stick together to a point, they depend on the above media.
My verdict:
If the news continue to be positive, BTC will fly again even above $10k, but from here it is easy to drive BTC down to even $4k.
What will I do?
Closely watch the news, feel the crowds "temperature", get some alts (the lower prices the best) and then closely watch the news again.
I am ready to sell whenever I need to (bad news) or buy more if it comes that way (good news).
The next upcoming hours, days will decide where to go!
Please, watch the markets closely, especially the news around it and make a decision yourselves. Do NOT take this as a financial advice, this is what I will do.