Bitcoin stays within the boundaries of the down channel on a low volume spike (in relative terms). Still on track for a 50% correction....and January is the time it happens!!
I find it strange that this spike coincides with a vast disparity between longs and shorts which can only mean the longs were backing the pump and the exchange was complicit...should have been a squeeze...
Profit taking by all parties will see the longs disappear...as profits are taken and as the price goes into freefall...
I find it strange that this spike coincides with a vast disparity between longs and shorts which can only mean the longs were backing the pump and the exchange was complicit...should have been a squeeze...
Profit taking by all parties will see the longs disappear...as profits are taken and as the price goes into freefall...