Don't fall for the fake Bitcoin "Double Bottom"
This will appear like a bullish double bottom formation, but neckline around 27500 - 27950 wont break.
Yes it will pump a bit more. Traders will end up trapped longing this BTC Pump. But the probability speaks against going above 28k range again.
Bitcoin will do back down after it wont be able to break mid/upper 27k region.
Yes it will pump a bit more. Traders will end up trapped longing this BTC Pump. But the probability speaks against going above 28k range again.
Bitcoin will do back down after it wont be able to break mid/upper 27k region.
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