Reason For Bitcoin Dumping Hard
In 5th May 
BTCUSD is Unable to break $10000,
and drop to the support level $8900,
Main Reasons for BTC dumping are,
Technically, the BTC is now forming a Head & Shoulders Pattern, Which is a Bearish Sign.
Fundamentally, 8,200 BTC Moved From Mt. Gox Wallet..Which is another reasons for BTC dumpig.
Now the price is bounce back from $8500 Level, Which works as a Support at this time.
If it breaks the $8500 Level, then the next support will be $8300..
Lets See , Where BTC is moving...
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Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
" Be Happy, Be Disciplined & Keep Smiling "
BTCUSD is Unable to break $10000,and drop to the support level $8900,
Main Reasons for BTC dumping are,
Technically, the BTC is now forming a Head & Shoulders Pattern, Which is a Bearish Sign.
Fundamentally, 8,200 BTC Moved From Mt. Gox Wallet..Which is another reasons for BTC dumpig.
Now the price is bounce back from $8500 Level, Which works as a Support at this time.
If it breaks the $8500 Level, then the next support will be $8300..
Lets See , Where BTC is moving...
*****If You Like My Ideas,then hit the like button & Follow me for Latest Updates..******
Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
" Be Happy, Be Disciplined & Keep Smiling "
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.