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Weekly close above EMA 8 seems even too bullish to be true
Weekly close above EMA 8 seems even too bullish to be true, and it is on my opinion, why?
BTC should follow history on my opinion, since when we touched the 365 daily EMA I saw a pattern that repeated a couple times.
Every time we touched it BTC made a bear trap just like it just did, went up at least 30% and then dumped again.
So my prediction is that BTC will find some resistance after 30%-40% and then it will drop even lower than 28k like it did before.
Also the market seems like it is about to crash again since is touching all time high like there is no tomorrow, once the bubble explodes we are going down badly.
BTC should follow history on my opinion, since when we touched the 365 daily EMA I saw a pattern that repeated a couple times.
Every time we touched it BTC made a bear trap just like it just did, went up at least 30% and then dumped again.
So my prediction is that BTC will find some resistance after 30%-40% and then it will drop even lower than 28k like it did before.
Also the market seems like it is about to crash again since is touching all time high like there is no tomorrow, once the bubble explodes we are going down badly.
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