javanmeh

#BTC No.24 (is that a bull trap?)

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello everybody!

resistance ahead: 40700

It's better to talk about the recent situation on BTC!
Well, we had many signs for falling more deep on this coin, but the conference so called ( The B Word ) changed the direction!
Elon mentioned : (I have BTC, Spaceship has, Tesla has ) ! Ok, this is enough for an upward movement that I'd call it ( Bull Trap )
I'm just talking about technical analysis and I have to say that, technically BTC needs more deep to the levels 20k at least! in the other hand this is my opinion and could be totally wrong!

Bull Trap: means pumping a chart up for the last chance to exit of... ;)

Let's leave a comment below this chart to share our ideas for catching better results






Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.