Base on my analysis, the "Niagara fall" movement of Bitcoin of the last hour is a panic sell that won't sustain. I've seen a trigger on my indicator that tells it's the bottom of the fall and a sudden rise is already in place.
I've placed a SELL trade 2 hours ago, so I'm now at +9.91% benefits. (Price is at 8679 USD when I wrote).
I'll stop immediately this trade to take the counter trade ==> BUYING.
I don't say the fall is fully over, but a Bullish small cycle has begun right now. At least +3% increase
Don't take my words for granted. Do your analysis and trade at your own risks.
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Thank you