BTC and IBIT Blackrock ETF prices are pushing higher!

BATS:IBIT   iShares Bitcoin Trust
Bitcoin and IBIT Blackrock ETF prices are pushing higher showing buyers are back in the game.

But I also think we're hitting the upper range of this trend channel and likely due for a pullback.

The Total Market Cap has a strong resistance area around $1.75T

My thesis is that Bitcion pulls back after this bull trap rally and pushes back towards $38k before resuming the bull run (which would still be in the uptrending channel and bullish market structure).

What are your thoughts?

23-year investor, trader, and early investor in Bitcoin & crypto.

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