It will create a double *top, as a fake pump. It depends, if it breaks hard it will move up. If not, will move down to 2.8K-2.6k fast and could be the real bottom.
It depends how the market will hold under 100B$ market cap. This green candle is thanks of the shorts. They still hungry, but less than before. Now is time to find the investors that want to buy and rise the price.
IMO no institutional investors yet. Maybe in 6 months - 1 year.
It depends how the market will hold under 100B$ market cap. This green candle is thanks of the shorts. They still hungry, but less than before. Now is time to find the investors that want to buy and rise the price.
IMO no institutional investors yet. Maybe in 6 months - 1 year.
