As a holder, I hope I am wrong about this analysis. Nonetheless, it doesn't change the long term goal of landing on the moon, so this might be a good time to think about possible support levels to buy the dips. It is very possible that the uptrend seen on the daily keeps on giving if the price can breach 50k, but it has been testing these areas for some time now. The possible bull trap highlighted could also be the beginning of another uptrend, but as someone who is always bullish on bitcoin it was interesting to try to see things from a different angle.
Please feel free to comment about what you think will happen. Trade well!
Please feel free to comment about what you think will happen. Trade well!
Trade closed manually:
Hey! Seems like there was no down trend, which is good news honestly. Let's see how high this can go.