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Bitcoin(BTC): Fake ETF Approval = Markets Dumped!

שורט
BITSTAMP:BTCUSD   ביטקוין
Here we are touched nicely by that 48K zone that we have been telling you about and also which activated for us the third and last entry on our short position.

We are now looking to see no more further growth here and more downward movement, for sure!

As we mentioned already, we see that fake news we had was like a small test run. People have seen an approval, yet markets dumped even before the confirmation of it being fake announcement. Traders are shorting and going by the rule of "Buy The Rumor, Sell The News."

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