junmarkchi97

BTCUSDT : GOING DOWN ! BULL TRAP

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
I want to be bullish here but the chart doesn't. We are forming a bearish pattern. Reason this will be gonna go down is there's not enough volume. people are scared to buy at high prices retail investors are holding bags and there's not enough money to put it at ATH for the moment. There's too much fear in the market and we are forming a bearish pattern, below 200ema daily with that alone investors are not gonna put their money into it near resistance. What we saw lately is a bull trap and we might go down again to 30k or below. I believe we are gonna break below the trend support.

This will only go up if whales want to. This could also go down. I mean why not, if they want to buy BTC at more lower price they will do it.


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