...And we indeed bounced straight on the 200 day EMA, which is triggering what will probably be the biggest trap of this summer (see blue line):



This is quite standard stuff, so I really don't see why you get so excited.

The fact that some of you are so emotional, calling names to the people that share bearish analysis, is just a proof that the market is fearful, or very anxious at least. Its like you think that us "bears" only want the price to go down. You are mistaken, 99% of the people in here wants BTC to grow, we are just acknowledging a trend and acting accordingly. Since April 10th, the trend is down - and its still is.