Bitcoin Bull Trap before finally heading to 12K?
Giving the recent upward momentum most people will assume that the Bear Market is done and Bitcoin have finally made a bottom, However I believe and giving the recent economic condition it is readable to assume that the Bears is not yet done and the crash is coming. 12K Bitcoin is not out of the picture yet!
We can clearly see that downward Trend channel is not yet broken this may present a risk that Bitcoin is not out of the water yet. If so make sure to capitalize on it before its too late.
We can clearly see that downward Trend channel is not yet broken this may present a risk that Bitcoin is not out of the water yet. If so make sure to capitalize on it before its too late.
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.