BTC - a big fake bull trap that is a bear trap?
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So couldn't stay above 50k for long, went down quickly and bears are piling it. BUuuuuut, what if it actually traps the bears now and shoots up double crossing all the CIA agents?
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Another view - interesting to see if it would honor channel based on parallel created from lows:Nota
Retest should hold but I doubt seeing it above 53k soon.Nota
Stopped at the red box buut may go through it. I really don't think it would go to 55k just like that.Nota
Two views:15min timeframe:
1H timeframe:
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Very whipsaw movement, tough day to trade but direction should be known very soon. Stock market is taking a beat today.
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