On April 2, bitcoin took off abruptly and began to cost $ 5,000. I would like to know: who opened a long position and what will happen next? What tools have helped you determine this movement?
I found information: .... .... If the reports are indeed true, why are prices rebounding strongly? Technically, the important levels to remember are $3,930 and $5,000. A breakdown below $3,930 could start a new downtrend in prices, while a move above $5,000 would restart the rally. .... .... The question of "why" was asked precisely and in time, and key levels were clearly defined. This is a serious question and you need to approach it with all serious. What do you think about this sharp, fast, strong movement?
Nobody opened anything. It’s just another manipulated move like all the others that happen in that fake currency “market”
Yep, that's just an indication that the bulls have now taken over Bitcoin. Might as well get used to it
Dumb money are those that bought at 15-20k btc after a gargantuan rally, those who buy now I would say are pretty smart for the long term.
I think this might have influenced the latest bullish action https://cryptodaily.co.uk/2019/04/new-btc-bills-introduced-by-congress
yesterday volume was high (about 10K). typical volume is about 2K. Notice the very long blue candle. It indicates buyers (or machines which were poorly programmed) were desperate to buy. short term wise, seems like there is some up momentum. long term wise, seems to me it is still downtrend.