Bitcoin trap

I think the bitcoin is touch 29000 again its a trap.
If price goes up most changes of price goes down within trading days because of fomc minitues and some events are there.
So if you considering a buy entry must keep a tight stop loss.
I believe bitcoin will go to bullmarket its definitely make a retrice to 22000-25000 range because smart money will place in the Liquidty area.
So you go for any position please focus your risk and position sizing
Good luck traders