BTC/USD - Bearish Through Head & Shoulders

17 Nis 2018

Looking at the huge volume pump earlier indicates that the crypto-whales were just want to make a move in the market. In my perspective, that one huge "unlogical" bullish marubozu candle is very threatening for taking a position right now. Well, not wanna being a skeptic through crypto markets especially Bitcoin, but in the past 2-3 months (since the price slides from 20k-ish) the market getting more volatile than ever. Those whales with big money coming in within the bear market and make some big move to manipulate the price which is for me that was not a healthy condition for a market in a long-term.