Hi there
BTC still looks bearish and its trapping buyers, just look at the bigger picture of the chart, reversal pattern just right after a major top and a big wave down trapping buyers at the top of the market.
Almost everywhere is calling for new tops , again , this is the typical sentiment of a final bull trap before the market crashes for the final wave down (Capitulation Phase).
Also watch the DXY chart, getting ready for a breakout to the upside, which will not help BTC at all.
Im shorting here TP 10000 bellow, this is a trade to hold for long term.
Good luck
BTC still looks bearish and its trapping buyers, just look at the bigger picture of the chart, reversal pattern just right after a major top and a big wave down trapping buyers at the top of the market.
Almost everywhere is calling for new tops , again , this is the typical sentiment of a final bull trap before the market crashes for the final wave down (Capitulation Phase).
Also watch the DXY chart, getting ready for a breakout to the upside, which will not help BTC at all.
Im shorting here TP 10000 bellow, this is a trade to hold for long term.
Good luck