$BTC update...
After a little dump to 17k, which was respected, as I was hoping for, this is a positive sign.
Although we respected this, as well as having a little bullish movement these past three days, I believe we will come back lower to 18k, to fill a few imbalances, however #tramporycix will be looking to long this...
We will be looking to long from 18k, I believe that we will be seeing a bull trap to 30k, excuse retail traders that have turned bearish, make them all turn bullish, and then bring another wave down.
Remember in 2018 bear market, we had impulses of avg 60% (to the upside) so although we have bullish impulse waves, doesn't defeat the fact we are bearish overall, understand bull traps in bear markets, and bear traps within bull markets.
So, my overall conclusion moving forward is to visit 18k, and find a potential long, (which #tramporycix already have laid out 😉) and find some territory above 30k for a potential short.
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