DK_Investment

Bitcoin update on 12H chart - secret buy entry

Long
BITFINEX:BTCUSD   Bitcoin
Dear traders and followers,

welcome to our weekly Bitcoin market update !

The Bitcoin price move within sideways channel for almost 10 days.
The last buy volume was pretty small and now sell volume start to grow.

We expect that the market will do a bear trap before starting the next up wave to 12.000 $ area.
This bear trap could be a perfect buy entry for us.

The RSI indicator confirms this idea with more space down ways to the trend line. Baselines looks more bearish than bullish.

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