Attn: My bull scenario is much more likely: chart/BTCUSD/8awAtzEc-Bullish-trend-possible-if-we-break-8502-99/
Fake-out bear trap scenario:
RSI swing rejection at $7241.16 towards the new lower top of $12930.11
My bull scenario is much more likely:
Long term:
Bitcoin and blockchain sentiment uncertain but seemingly improving.
Altcoin prices starting to warm...
Bullish trend possible if we break $8502.99.
$8970.69 and $9726.74 being the next fibonacci resistances.
The new upper golden ratio of $12,930.11 is the lower top of a possible bull market.
In the scenario of a fake-out we can assume the market to have low volume activity during the coming days.
I will post another analysis with a bear scenario in case of a...
