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Nilesh_Khedkar

BTC attempting 65000 but suspected bull trap

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Bitcoin (BITSTAMP:BTCUSD)  
Nilesh_Khedkar Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators
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trendanalysis indicator
The BTC/USDT is attempting 65000 confirmation from RSI and price action indicates the 65000 in range but it will not last as the volumes are not supporting the more upside.
either BTC will move sideways and provide safe exit to institutions and go back to 40,000 Range.

Indicating bull Trap.

Comment:
In last week i have developed an counterview on weekly and monthly chart and will post it here.

I believe the above opinion is not going to materialize.

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