$52k #BTC Rally - Bull Trap
Updated
This rally could be a MASSIVE BULL TRAP.
Lets hope BTC flexes out of the trend line to the 1.618FIB (50k -
52K) Mark.
- Retail FOMO: 32k (wave 4)
- Massive FUD about crypto and markets tanking past/this week. (BULLISH)
- The market has been in the dumps, and the bears have done their job, 10k BTC! (BULLISH)
- 24k Retest (200MA) before the the BTC Halvening.
Lets hope BTC flexes out of the trend line to the 1.618FIB (50k -
52K) Mark.- Retail FOMO: 32k (wave 4)
- Massive FUD about crypto and markets tanking past/this week. (BULLISH)
- The market has been in the dumps, and the bears have done their job, 10k BTC! (BULLISH)
- 24k Retest (200MA) before the the BTC Halvening.
Note
Note
The DJI is locked and loaded for a bull run.A NEW ATH will 100% be met with a retrace in May 2023.
Lets see if this narrative plays out.
ALL TIDES RISE.
Note
47.4k BTC - BULLTRAP Blackrock ETF Approval News.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.