BTC may going to break the resistance but it will be a bull trap IMO. on long term scenario fibonacci circle and retracement both show deeper correction (somewhere near 23.3K to 22.5K).
The only thing here is a long term support before correction zone. Let see how price react to that.
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As expected. Let see what price doing with long term support now.
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BTC lost the daily support and going to retest it.
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Market is on rest and BTC doesn't even try to retest the daily resistance. From an hour ago early bulls say hi. We are preparing to see the retest if market follow the structure. Correction is not over yet IMO.
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Important: BTC pump! what now? It will continue to 26.1K or it will dump very hard i guess.
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Never late for bull trap ;)
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So That was bull trap. Lets retest the real support.
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