Bitcoin
Updated

BTC/USD FAKEOUT TO ENTICE BUYING PRESSURE? 7-8K STILL POSSIBLE.

618
Hello traders,

Spotted this pattern populating the 1 minute TF.
After all of this intense movement, expectation for a large manipulatory candlestick soon.

Possible breakout to 7-8k still in play.

Proceed with caution.

---Amateur Speculator---

Live long and profit
-zm
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I better look at lower levels.
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FAKEOUT FAILED

Breakout resuming as expected.

Target 7k
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Rejected from resistance, short term fake out still in play.

Stepping on eggshells.
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Firm rejection of this level, can see bears winning this price war.

The big telling sign of possible big movement are the volume spikes on the small tf.

Here is the 2h, notice the spike size with respect to the other big move.

Red flags.
Live long and profit
-zm

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