Be wary - Could be a bull trap scenario!

CME:BTC1!   Bitcoin CME Futures
Simple chart explains all.
Jan 08
Comment: Idea cancelled for now. It is definitely possible that this breakout could be genuine.
Jan 08
Order cancelled
Jan 08
Comment: We are going to see how a test of 7700 reacts before coming to any conclusions. For now - i am out of the trades.
Jan 10
Order cancelled: So far 7700 has held. Till 7700 Breaks i am not going to take out the bear lens.
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