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Rhaonnor
Jul 5, 2022 7:52 PM

Bitcoin is about to pump? Long

Bitcoin / United States DollarCoinbase

Description

#Bitcoin found support below 19k and begun ranging between 18.6k and 21.5k.
The last is the most crucial level because a valid breakout results in a 32% pump to $28.270.

Between those two S/R levels there are only two weak resistances; the first one at 27.5k and the second around 27.6k

If this scenario is going to play out, I’m expecting a really quick pump.

Warning: This is NOT a “go all in, bullish call”. It’s a waring to protect your (over)leveraged shorts from a bull trap.

Be safe, market never forgives!
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