Serious traders use SL, they don't break their rules, so this China news only need to move a little the price to shake out a lot of ppl. The whole thing about BTC is speculative (how many companies are running their business or using BTC beside exchanges?). I think we were supposed to see a big correction, and latest news just accelerating the frame time.
I don't get it how people are so easily manipulated. From a single tweet by a person with 122k followers had this impact on the BTC price. I don't believe anyone until i see an official announcement that China is banning bitcoin (his initial tweet was China will ban bitcoin, after that he edited in China is banning echanges).If you think this closely no one can BAN bitcoin, they can just shut down exchanges (centralized ones, decentralized exchanges can't be hurt by anything, or just by the devs that made the project). All the informations are pure speculations by people who wants bitcoin to dump so they can buy more and do more profit. If the investors are doing their own research and read the official news (not speculative ones) and don't believe some shitty persons who tweets things with no proof to only spread the FUD makes me sick. I stayed away from this persons who spread fake news, even though they have 100k+ followers. As i know that person deleted the tweet and he's pretending nothing happened (like seriously man?).
I just shared my 2cents, i don't have nothing personal with that guy but for the future everyone must make their own research and not to just follow someone and do whatever they say.
