Technical analysis by WorldBroker about Symbol BTC on 10/17/2023

I love Bitcoin and I understand you would like it always going up. But. Do you think that is normal to push up prices with fake news, and even if true news to act impulsively like that? At the end we got just liquidations. One time of shorts, one time of bulls, such volatility sometime is not coming for good or a new trend, in a market like this they are just using momentum for speculation spikes at expenses of small players. However, Bitcoin now broker the old resistance. At this moment we are neutral and waiting for the next moves. Support is again the green trendline since recent lows. See you next update!