BTC bear trap
Updated
Everyone is expecting and waiting to buy at 8k. Good luck with that. BTC is likely to retest 11k before breaking 9k. The falling wedge will catch people by surprise. Blue fibonacci ring is when I expect the breakout to happen.
Trade closed: target reached
Bitcoin rallied up to 10790 and was rejected at that price. I don't expect much upside from here, if any.
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