Weekly bitcoin very bearish shooting star/doji close is a trap?
What if the composite operator/whale(s) set out to enable massive liquidity by shaking out all the weak hands through an algo that created a weekly closing incredibly bearish doji (gravestone/shooting star)? If so, then they should enable the shorts to pile on towards $9700 or so and the squeeze the heck out of them up and through 20k. I'm buying the dips down towards 10k again and keeping a short open in parallel from above. This basically redefines the classic bear trap if true and pans out.
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