Is Bitcoin's Surge for Real or "Pump and Dump"?




Bitcoin surged higher today past some key resistance levels. But is this likely to be the start of a major uptrend – or just another pump and dump? We look at the facts.

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About the Author: Alessio Rastani

34 Comments

  1. Great content every time and thank you for sharing the knowledge . Meanwhile The trading market is constantly evolving with new features, many trading opportunities and financial swings with sudden surprises around every corner.The best thing is to stay in shape and more important, don’t let anything catch you on the wrong foot and never get too emotional. .Dani Thompson strategy allows for exit of trade prior to expiration, to take profits or avoid taking the maximum loss. I started with $3500 and I made back returns of $12,500 within 13days of intense trading. He guarantees profits payout, you can reach him on ( Danithompsoninc@gmail com . ) and start trading with his guide. all the best.

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  3. love the content you create. Inspiring… I am a big beliver i ln EW theory as well, but there is something thats bugging me about that last statement and
    the example that you've given… If the situation, with bitcoin is mirroring the movent as it did back in 2015, why didn't the fifth wave ended up lower than na 3rd after it hit the 21 MA? Does this mean that the fall we are awaiting could potentialy not reach the lows of December?

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  5. Thanks for your videos and insight Alessio. Don't even bother with the less educated and low IQ people in the comments!

  6. I would say it’s for real, but a dangerous bubble may form on top of that lead by euphoria, it’s typically human to overshoot either up or down it’s the mob mentality.

  7. If every pattern in a chart repeats its history then you will end up with a chart that has the same pattern forever and hence you don’t make sense.

  8. @Facepalm Jesus: Maybe I missed the word "likely" in your comment. All I say is that we are only talking about probabilities and really no one knows for sure what's next in crypto. No offense!

  9. I see it started to go bearish…Good TA Alessio …I appreciate your work! Do you think the wave 5 has started? and that we should buy bitcoin on the wave 5 low? it will only get up after wave 5? On it's way to 20k? 😀

  10. You do not need to listen to youtubers to know what is going to happen to Bitcoin. You can 'call' these moves yourself. I do it all the time. 50% of the time your predictions will be wrong, and 50% of the time you will be a genius just like them. If they were right , they will remind you that they called it perfectly. If they did not predict it correctly, they will not remind you. I have been trading for years and will give you this tip for free.– A move like the recent one in Bitcoin was expected to happen as soon as a big 'whale' bought a huge position. Who has the inside knowledge of when this will happen? It is luck. No-one knows but we can all guess and be correct. Take advantage of the ones that you were correct in predicting, and cut your losses fast as soon as you realise a position you predicted was wrong. You WILL succeed – slowly, but surely. Losses are normal to the best traders but they LIMIT them every time.(get out fast, and get ready to get in again).You can be as good as any of these 'experts'

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