$BTC pushing towards resistance. Bull trap?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
$BTC coming up on 9.4k resistance level . I wouldn't personally play the 9.4k breakout setup because shortly thereafter is the long term down trend line , but this is also the best the buy volume has looked in a couple months. Ultimately, we are still very much in the down channel and would need a strong close above the 9.4k level to consider any further upside. I expect a short squeeze then trade sideways at this level unless 300 million more tethers are printed of course
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out