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Fake-out bear trap scenario:

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Attn: My bull scenario is much more likely: chart/BTCUSD/8awAtzEc-Bullish-trend-possible-if-we-break-8502-99/

Fake-out bear trap scenario:

RSI swing rejection at $7241.16 towards the new lower top of $12930.11

My bull scenario is much more likely:

Long term:



Bitcoin and blockchain sentiment uncertain but seemingly improving.
Altcoin prices starting to warm up from the crypto winter faster than expected as an indirect result.

A bullish pattern to the next lower top is a short term question of "when".
Заметка
Now it might seem like we failed to find resistance at the 0.5 fibonacci area. We might be going down sooner than assumed.
Bitcoin (Cryptocurrency)BTCUSDChart PatternsgoldkingcoinerTechnical IndicatorsTrend Analysis

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