China's big pump with Bitcoin - Was it real or fake? What will happen next?

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Everything Crypto

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'Buy Bitcoin... it's the future.' After seeing this from china, we have at an ever-increasing price. Btc price saw a 13% jump in just ten minutes. The rally had not stopped their as it had seen gains of over 40%, posting bitcoins fourth-best day ever. Seeing this asks us was President Xi trying to pump the coin so he could fill his bags before giving the speech? After Bitcoins huge pump it has been consolidating for a while but is now going down to see some support levels. On all time frames Btc is looking like it is short-term bearish and may touch around the 8600 levels. Waiting for a perfect reversal candle to jump in and go in for the long! Do you think China's big pump was real or fake?  Thank you for supporting Everything Crypto podcast. This is episode 042 of Everything Crypto!