The current BTC market could be tagged "pump and dump" considering how the price has been flunctating and going between $29k and $31k levels. BTC went down to $29350 before the close of trading. Market opened and went to $31500 before dumping currently to $30540, and that alone liquidated both the SHORT and LONG futures traders. It is now more like gambling happening in the market than the usual trading because of the way the market reacts now. Don't get caught from this manipulation happening. #Cryptotrading #Cryptocurrency
2 comments
I always remain in confusion about #BTC rate. My heart doesn't want to buy any coin specially #BTC. You are right because #BTC runs between 29k$ and 31k$. I hope that it will break resistance of 31k$
It's really a gambling, the market is uncertain. It's hard to pick the perfect timing.