BTC Daily chat - testing 9k / possible bulltrap!

BTC is going to test 9k resistance and if it doesnt break we might see it dropping down to 8.5k support line. We're currently in the yellow wedge and its closing out so we either break up or down. Also if we fail to break 9k we might fall for another bulltrap and go all the way down to sub 8k.

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We're currently testing resistance at 8.8k and it looks like we could see breakout if not then retrace to 8.5k. Steam is pretty low and there not enough volume to see some major moves yet.

For updated charts and all questions please feel free to join our discord server : discord.gg/EeGD6Pk