Bitcoin (BTC) Likely To Fall To $5,400 After Unsustainable Short Squeeze Pump

2018-7-18 21:30

To the surprise of many, Bitcoin (BTC) made a big move yesterday all the way to $7,500 in a matter of hours. While many investors were unaware of the real reason this pump occurred, many believed it had something to do with a Bitcoin ETF.

Rumors of a Bitcoin ETF have been increasingly circulating in the crypto community for the past few days which is why investors were not willing to let go even as the price entered overbought conditions with the RSI reaching unprecedented levels on the 4H chart for BTC/USD.

Continue reading Bitcoin (BTC) Likely To Fall To $5,400 After Unsustainable Short Squeeze Pump at Crypto Daily™.

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$ 95169.51 (-0.56%)
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bitcoin btc pump many crypto etf investors

Источник: cryptodaily.co.uk

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