There is no reversal until we cross 7000$ level, these are just dead cat bounces, no real reversal! just a small pump and then dump, it is doing the same for months, just dumping, and I believe it still didn't touch the bottom point from where the reversal will start. the bottom point can be 4800-5100$, do not fall for the traps.
Relax and watch how the whales are playing this to liquidate the shorts/longs :) when the volume is low, it's easy to manipulate the price of Bitcoin and other coins! only a small buy can change the price and you will get liquidated!
Do not open any trade yet until there is a real reversal, not fake bounces of 200-300$ , these are not the signs of recovery , but noobs see a 1% greenish move and rush to buy the coins, and there are so-called experts recommending their members to buy and sell for 20-30$ margin, which is bullshit and you can not earn by that way :) you will only lose if you are playing the wrong game here! there is nothing you will earn if you trade at Bitmex with leverages for the only 20-30$ change of Price in Bitcoin! But other coins with smaller values like ETH, LTC, ADA can give you good profits even if they move 2-4% from your entry prices.
Play safe and do your own research before following the advice of Noobs out there, not everyone is the expert but the pretend to be the experts!
We shorted the Bitcoin and advised you to short at 6750$ which was a great point to short and we took the opportunity to short! made 200% profits from this trade, I hope you all earned massive profits with this trade, we also pumped a coin this week for all of you guys and that coin went 40% up after we announced!
This week been good for us, and we will bring a lot of interesting stuff soon for you guys!
Cheers!
