Bitcoin is ready for bear trap

By Skyrexio
Hello, everyone!

Last time we told you about potential dump to 32k before the growth continuation. Bitcoin formed the bearish reversal bar above the alligator. After that the impulse to the downside was formed.

Now price retraced to 0.61 Fibonacci retracement level. Now it's time for the rapid dump to 32k, 1.61 Fibonacci extension.

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