BTCUSD | beware of a crazy selloff if 8000 doesn't hold

12 May 2020

• it broke the wedge making an illusion of an new upward trend
  
• it then false broke 10000 and a long-term downward trendline, which should have trapped a lot of people
  
• if it continues to break 8000, the wedge will be false broken, which is super bearish
  
• never trust any fundamental news about Bitcoin, the whales dominant the price movements