Dear traders and followers,
welcome to our weekly Bitcoin market update !
The Bitcoin price move within sideways channel for almost 10 days.
The last buy volume was pretty small and now sell volume start to grow.
We expect that the market will do a bear trap before starting the next up wave to 12.000 $ area.
This bear trap could be a perfect buy entry for us.
The RSI indicator confirms this idea with more space down ways to the trend line. Baselines looks more bearish than bullish.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support !
welcome to our weekly Bitcoin market update !
The Bitcoin price move within sideways channel for almost 10 days.
The last buy volume was pretty small and now sell volume start to grow.
We expect that the market will do a bear trap before starting the next up wave to 12.000 $ area.
This bear trap could be a perfect buy entry for us.
The RSI indicator confirms this idea with more space down ways to the trend line. Baselines looks more bearish than bullish.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/ don't miss new ideas
Thanks for your support !
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
