It May be Fake Pump on Bitcoin Price

After CZ FUD, Bitcoin price went down from 28K to 26500 USD. Today, Bitcoin price went up from 26500 to 28500 again...

CZ FUD has started. We are only at the beginning of this FUD. We don't know what will happen..

The volume of bitcoin trading is on the bottom. Even Bitcoin price pumped 5% today, The volume is still on the bottom. There are no cashflow into the market..

So, It may be fake pump on Bitcoin price. It may a bull trap..

Here you can see daily chart of Bitcoin and MACD Indicator. MACD is on the top, We have seen this level a few times before. You can see what happened after this level. While MACD Indicator reversing, Bitcoin price pumped today. Even it pumps, Big crash may be coming soon.

As I said, we should be carefull not to cashflow into the market. There may be bull traps before big crash.

We will see..