crypto_emu

BTC bulltrap followed by yearly lows

COINBASE:BTCUSD   Bitcoin
Learning TA so thought I'd start by drawing lines on some charts. This is an idea for the next steps of BTC on the daily. Considering the recent drop to 6.2k as a shakeout, we exit sideways out of the triangle followed by a cheeky bull trap to extract maximum FOMO, failure to breach the triangle high @ 7.8k, then down to the yearly lows. Down after failing to break 7.2k is also a distinct possibility, but I reckon the bulls will have one last crack before we sink below 6k. Currently flat, waiting for a setup.

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