UPDATE #4 BTC/USD bull trap continuation - whale liquidityThis is update # 4 of series to provide an outlook of the trap that took place.
Whales are continuing to grab people on lower time frames and now we are at a critical area.
If BTC breaks 21900. Whales have confirmed trend to the downside and going to be testing 20900.
Good luck everyone this is not a drill. you are in very bad territory if you don't know what you are doing and don't have a plan of action.
Drop a boost if you like the content.
I see potential in the start of the next month but short term within end of this week and start of the next it looks ugly.
Nothing I say is financial advice and/or should be taken as such.
I am just a nobody and you should not take anything I say/write into any consideration, as I am dumb as a tack.
Itsatrap
QQQ Theoretical Play for End of Week Market got their money back from last week so far, and that in a sense what I expect this to be (I may be wrong). But in my mind, nothing has changed but the algo's hitting the buy button instead of sell the first two days. I don't think they will want to hold long exposure into the weekend (again, I may be wrong). But this two day slingshot back to prior levels seems appropriate for the market makers to get back their money as they sell to retail. Looking for continuation down to 215 fairly soon. (Liquidity by Fed and Fed/china is the only monkey wrench in this thesis).