This "bull run" (laughs) is a complete fabrication fueled by manipulation.
The top is most likely in, and it's all downhill from here. Bulls are in a state of elation and it's time for "them" to pull the rug. There will be a series of bulltraps as we fall down, with less and less strength as bulltards lag behind trying to long the "dips" until the reality of the situation sets in.
First target is 7k
Second is 6.3k
Third is 5.7k
NOTES
- Breakouts from the bounces from each of those levels is possible.
- Third level very well might not hold as sentiment will be heavily damaged by then
- We could be back in the 3-4k region by August
"They" will be laughing their asses off and reminiscing the execution of the biggest bulltrap in history.
This entire idea invalidates with a close above $8.7k, and the scam bullrun probably continues in that case.
The top is most likely in, and it's all downhill from here. Bulls are in a state of elation and it's time for "them" to pull the rug. There will be a series of bulltraps as we fall down, with less and less strength as bulltards lag behind trying to long the "dips" until the reality of the situation sets in.
First target is 7k
Second is 6.3k
Third is 5.7k
NOTES
- Breakouts from the bounces from each of those levels is possible.
- Third level very well might not hold as sentiment will be heavily damaged by then
- We could be back in the 3-4k region by August
"They" will be laughing their asses off and reminiscing the execution of the biggest bulltrap in history.
This entire idea invalidates with a close above $8.7k, and the scam bullrun probably continues in that case.