Gšā ļøšØBITCOIN'S WILD RIDE,IS IT THE ETF EFFECT??,THE RECENT SURGE,WHAT'S THE NEXT SHIFT ??,WILL GENESIS DUMP IT??WHAT'S THE EFFECT OF CHINA CAPITAL INJECTION??
Yah that's what pumping looks like,Bitcoin ha ve reached 49,000$.An actual thanks to the past week ETF inflow.So Yes it's an ETF effect.
The mother coin next stop may be 50,000$ according to the IntotheBlock and to get there an Important resistance level may be at 48,491$.So Yes expect a retracement.
The Genesis effects, Genesis crypto lender under bankruptcy protection have recently filled a motion on which once approved they may sell $1.6 billion worth of Bitcoin,Ethereum and Ethereum classic.So Yes Genesis may lead to a significant dump in bitcoin price.(follow me to calculate the magnitude and maybe an alert once the judge approvesš )
The next big news to weaken or strengthen Bitcoin is the CPI on Feb 13.So expect the unexpected.
$BTC
