Bitcoin beartrap reaching its end
The thesis is simple. Bitcoin is in a bear trap pattern, and time is getting closer for the moves to happen and the bears to get T-boned as they do at the beginning of every cycle. Lowest price Bitcoin could hit today is $5800, but extremely unlikely. $6750 is a strong support/resistance level. When this thing erupts, you won't have time to buy in without looking like a FOMOtard.
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.