The Bitcoin Bulltrap
I have described & listed everything I'm using above in trade idea.
Looking at past cycles when we go under these moving averages they become resistance always. Some things I can't add to my chart but everything is on there that I've used.
DYOR
I can see a text book bull trap playing out
This is technical analysis. Fundamentals & on chain metrics say we can go up.
I missed the trend line from the ATH. More validation if we get to this price by end of month.
Looking at past cycles when we go under these moving averages they become resistance always. Some things I can't add to my chart but everything is on there that I've used.
DYOR
I can see a text book bull trap playing out
This is technical analysis. Fundamentals & on chain metrics say we can go up.
I missed the trend line from the ATH. More validation if we get to this price by end of month.
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