Here we go... #BTC bounced again at the channel bottom of 19K and this "mini spring" in the optimistic mercury full moon, looks like an EXIT PUMP. #ethereum merge date or 1 day before the merge a must careful time. Expectations are bought or sold before fear / greed tops.
Firstly bear trap activated at bottom level with quick pump three white soldiers in LTF. Now at 22.5 - 23.5K level, a bull trap likely to be activated.
At 23K level, a hard resistance seen on the chart. This where #bitcoin will face a re-entering trend channel resistance. Decline from here may result dump. Invalidation of this scenario: BTC ignores this resistance and closes above 30K for several weeks.
Not financial advice. Be ready for volatile market. Don't forget #crypto shows no mercy.
Firstly bear trap activated at bottom level with quick pump three white soldiers in LTF. Now at 22.5 - 23.5K level, a bull trap likely to be activated.
At 23K level, a hard resistance seen on the chart. This where #bitcoin will face a re-entering trend channel resistance. Decline from here may result dump. Invalidation of this scenario: BTC ignores this resistance and closes above 30K for several weeks.
Not financial advice. Be ready for volatile market. Don't forget #crypto shows no mercy.
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