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christophercolumbus
Apr 27, 2018 10:03 AM

The Great Bull Trap 

Bitcoin / U.S. dollarBitstamp

Description

Even if the downward trend-line is broken, a spike in price could just prove to be a bull trap as was seen last time. This year is a correction year.
Comments
r7aaal
I think it is too early to make that judgement. Let's wait couple of days and see if BTC would hold above 9k.
oaksacorn
Not with you on this. This year is the holder of (3) of ((3)). We are still in (2). Like the (2) in Aug-Dec of 2102. Like the (2) from April - Sep 2013. Not like the ((2)) in 2015. (3) of ((3)) will be larger than (1) of ((1)) from 5/2012 to 12/2013.
christophercolumbus
@oaksacorn, Link a chart. I don't get your terminology.
oaksacorn
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