yay! bitcoin is climbing!
DO NOT GO FOMO IF THE PRICE RISES BY $5-20 AND THINK YOU WILL SEE $500 TODAY OR THAT YOU WILL MISS THE TRAIN. CHINA HAS STOPPED PUMPING SO BEFORE YOU PLACE YOUR BETS/LEVERAGE WAIT FOR THE MARKET TO SETTLE... YOU WILL NOT MISS THE TRAIN, AND THE SMALL RISES ARE CALLED BULL-TRAPS:
DEFINITION of 'Bull Trap' A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.
https://en.wikipedia.org/wiki/Bull_trap