Bull Trap BTC/USDT !???

Is the price of BTC/USD going up? YES but, is it rising strongly? NO

Possibly the price is going to give another bearish trend in the short - medium term since historically the last months after the post-halving year are bearish and more September. Besides, it is presenting a correction pattern and the correction patterns do not present strength. We'll see what happens at the end of the year

It is also possibly going to see a recession in the remainder of the year and what falls the most are high-risk investments such as technology companies (Index: Nasdaq NDQ ) and also BTC BTCUSD is a high-risk investment.

Below I leave you an idea that I shared of the S&P 500 SPX




Here all the last months of the next year post-halving:

MA and EMA 200 1 day:

تعليق:

It reached the red line and began to fall strongly and broke micro trends, I expect a retracement for a sale in Futures with Take Profit in the 23,200 area.

تعليق:

UFFFF 🥱