The bottom fo the channel and next Fib level are strong prices to expect a reversal. RSI and Stochastic 4h showing bullish div. Expecting the shake out to stop soon. In case of massive manipulation, the market will lose 50k USD support. However I keep my bullish bias.
21 weekly EMA retest and after upwards continuation is possible too. The EMA lies exactly at 52300 USD as the Fib level.
This Bitfinex shorts growth proves the manipulation of the market:
21 weekly EMA retest and after upwards continuation is possible too. The EMA lies exactly at 52300 USD as the Fib level.
This Bitfinex shorts growth proves the manipulation of the market: