Bull Trap, Capitulation and all the flag terms are now bored my view is just keep waiting and don't get excited utill we break the 30k. never mind hold it otherwise a simple solution is stay away from the market. For the end of the year i cant see a positive change in market after that im a bit bullish so lets wait untill that time.
Yeah, I saw your post about the capitulation point. Anyone who falls for the 24k price range weeks ago falls for another bull trap. I don't think we could see BTC going to break 30k this year. Seem like FED has indicated they will keep doing rate hikes like this. Up and down, up and down. We're keep going like this, side way till I can see more info about better economy and market.
there is no positive sentiment that has made the cryptocurrency market bounce back,
of course until the end of the year the price of bitcoin in my opinion will be in the range of $15k to $25k only,
and will break through the $30k resistance maybe in 2023, because this year there are a lot of people who still keeps it in gold