BTC Reckoning: This is the End

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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BTC is in capitulation phase of the classic bubble model. Failed to break upper resistance despite high volume at 6000 and EMA all broken. Market is extremely bearish until sign of reversal.
Trade closed: stop reached: Bullish engulfing candle confirms reversal.
Comment: If this is the bull trap, now is the time to short
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