BTC - Demand zone is at 18K so this upwards move must be a Bulltrap, Dead cat bounce
Also
Also
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Also 1) The measured target of the falling wedge is 18k:
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and The measured distance of the expanding wedge is 18k:
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BTC has not hit 18k hence I suspect these moves up will be bull traps and BTC will return back lower to the 18k to 17k area
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What if its a legitimate move up ?
Then ill take my chances and wait for a close above 24k . If BTC can climb back into the falling wedge its Bullish
Then ill take my chances and wait for a close above 24k . If BTC can climb back into the falling wedge its Bullish