Bitcoin - Market Cycle Psychology - Road to despair
A double peak scenario is likely. It seems that the ETF news is a stretch, and the increases depend on it. We closed the CME gap at 62k. Falling volume indicates some change in trend. The decrease in volume and the increase in price also suggest an irrational increase in the current price. We stop at 30k, there is a CME gap at 32k. Then we should see the area around EVEN 10k!
If there is no double top formation it means we only had a bear trap and we are going to 200k +
If there is no double top formation it means we only had a bear trap and we are going to 200k +
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