BitcoinUpdated BTC - Possible Bear Trap mentioned earlier playing out
This sure looks to me like the Bear Trap mentioned earlier in the chart below playing out.
A target in the 21 to 20k area will be possible target zone.
A target in the 21 to 20k area will be possible target zone.
Note
AFAIK any moves below 18K will no longer be a Bear trap and will rather become a reversal to the downside
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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.