$BTC / USDT Update Bounced off 55 weekly EMA. I was targeting | Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)

$BTC / USDT Update

Bounced off 55 weekly EMA. I was targeting the 34 weekly bit the bound was good. We had a very rare event last night. Markets were fucked. Price difference between spot and futures was about 25%.

Basically, the exchange owners contained the crash. If CZ would've let trading continue, first off, he would go bankrupt and bitcoin would crumble down further.

https://www.tradingview.com/x/dYvIZOMS/