WARNING: Possible bull trap incoming
Updated
Stay alert for a possible bull trap signal.
1) If we close the daily candle under 45k today the bull trap is confirmed and we could see a pull back in the next days.
In case it happens we can´t go lower than 38k, otherwise the correction could be a disaster for some time.
2)If we close above 45k BTC will lateralize for some time, and that mens Altcoins season (Specially DEFI on my point of view)
Just letting you guys know, since I was bullish on BTC and right now I am out of the market waiting for the daily candle to close.
Any thoughts?
Just have to say one more thing:
"If shoe shine boys are giving stock tips, then it's time to get out of the market."
Joe Kennedy
1) If we close the daily candle under 45k today the bull trap is confirmed and we could see a pull back in the next days.
In case it happens we can´t go lower than 38k, otherwise the correction could be a disaster for some time.
2)If we close above 45k BTC will lateralize for some time, and that mens Altcoins season (Specially DEFI on my point of view)
Just letting you guys know, since I was bullish on BTC and right now I am out of the market waiting for the daily candle to close.
Any thoughts?
Just have to say one more thing:
"If shoe shine boys are giving stock tips, then it's time to get out of the market."
Joe Kennedy
Note
We closed under 45k, bull trap confirmed, I also love BTC, I am just point out that now is not the right time to buy.
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