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BTC up in the last week! But is it a Bull TRAP?

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This is my opinion and you can take it how you want it, but I believe we have a bumpy month coming ahead and we might just see the last dump before the BIG bull run starting soon after. I believe we will have a drop down to the $5200 levels and then a small dead car bounce after that, with a bigger drop to the low maybe even mid to high 3ks.

Good luck and do your own research before investing in anything.
Trade responsibly and never use money you are not willing to lose.

註釋

BTC H&S in play. Target could be High 3ks - low 's

註釋

BTC had a large amount of volume around the current levels, this is why is still trying to hold on to dear life. But a break below 5.7k will bring BTC down hard, being the first stop then if it breaks that, 2k's coming right after that.

註釋

BTC has been fighting to stay over 6k, I know no body wants to hear this, but there is a real good chance BTC will break below 5.8k in which case the 's will be in play. Once we hit the mid $4's BTC will has a chance to bounce, but a break below that and BTC could see some bad times and the 2k's could be very doable.