Seems we find ourselves in a bit of a bull trap today. This is unsurprising, as we know that around $1050 BTC is met with quite a strong and consistent resistance. If you look at my earlier posts, you will see what I mean.
Now that the bull run comes to an end, it might be a good idea to short now. With regard to buying back, I would be hesitant.
Hopefully, after this descent, BTC is able to make a comeback, possibly breaking this trend and causing a flag.
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Still looks like a bull trap. Would short now, or move BTC into alts, if that's your thing. Some alts are pumping nicely.