Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mikeywith
on 25/04/2022, 05:24:32 UTC
⭐ Merited by JayJuanGee (1) ,xhomerx10 (1)
Well If trends Breaks then
🥂 cheers for the Long term Down move.

Or, one last bear trap before heading back to at least the ATH



The way I see it is that fear is high, many people are waiting for a crash, longs are not increasing by much, more shorts coming in trying to make a killing over the coming trend crash, to me this is a perfect setup for a new rally to the upside, even if this trend line gets taken, it's more likely to be a bear trap and the last shakeout before heading back to 60k at least, this whole thing feels like Q1 2019.