We have all the similar patterns and ratios into the BTC high as we did in 2017. Very big and important inflection point for BTC. If we're forming a bull trap on a weekly chart, that can turn into the worse BTC bear in its history.
I have been sitting in cash protecting my capital because I do feel like this whole pump is a bull trap, similar to what your chart is saying. I'm hoping you are 100% right on this call
@MrMarketMaker, He is a scammer from Reddit who has been calling for a global prolonged bear market since the covid crash itself. He builds an audience by spamming bear posts across many channels then asks for donations (if you are such a confident trader, why do you need donations??)
Claims to have a "team" yet all his arguments read like AI generated truisms "If we're forming a bull trap on a weekly chart, that can turn into the worse BTC bear in its history." "If BTC does not hold over 58k, it is going down" "We are entering a primary inflection point" "If there are bears, they will start selling soon"
Draws arbitrary biased fib retracements trying to predict LTF price action. Yes, he needs a whole team of 6 paper traders to place a single fib line on a TV chart
ew4by
⋅
History never repeats itself in detail
ericdabbs
⋅
Interesting observation but I am not sure this time. It could be different.