It has come to our attention that BTC is currently forming a bull trap and all personnel are to take immediate action accordingly. While this cycle went well above projections and did not reverse at any major Fibonacci levels, the indicators do not lie, we are burning hot and in the oversold territory with an obvious bull trap right in front of us. The new target to acquire is lower around the previous ATH range at ~20k. Set your sites and don't miss soldier!
Commander of the Bitcoin HODL Fleet,
Waxy_CottonSwab
Note: If you accumulated based on my previous post you would be wise to take some profits now max 50% in my opinion.
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Comment:
While the market is in extreme oversold territory, the idea that this was a bull trap was incorrect bulls were able to punch through for what I'm guessing is one last push-up. Still taking profits in this range is win.
