BITCOIN PUMP THE REAL FACT

in #mgsc6 years ago

***Hey guys just now a friend asked me what's the actual reason for alts to dump while btc is stable/moving.

***To be frank there is no actual Reason or particular reason,

***I just give u an example of forex here,
Last week we seen bullish move from USD and all other forex Currencies are started dumping and even gold dumped badly.

***Because usd dominates all other Currency pairs in forex,

***Just like that btc, dominates all other currency pairs, in crypto. That's why alts are going down,

***When usd was bullish all other pairs being dumped, bcs traders were opening Buy position on USD against other major pairs/ dumping other Currencies.

***So just like that, now traders in crypto dumping alts to remain in btc,

**We can't exactly say this could be bullish scene on btc. Its may be bearish as well.

***But something big will gonna happen.

***And as we are seeing the #fomo of #ETF and comparison of gold pumps when introduced to #ETF, So this could be bullish move I expect.

#BWTU