Btc - Oh santa rally is this you?! Or bull trap!!!
We can see the price was in bearish pennant or descending triangle.Now trying to breakout..
Our resistance still same red downtrend line.Btc likely will try to breakout and we may see local pump! Targets around 53-55
How it can pump if Btc percent on exchanges increasing?!
Maybe we have to look “Exchange BTC Futures Open Interest” ah noo funding rates and leverages again rising!
It reminds me 15th June 2021
Stay safe don’t surprise if we see one final nasty liquidation wick
NFA
Our resistance still same red downtrend line.Btc likely will try to breakout and we may see local pump! Targets around 53-55
How it can pump if Btc percent on exchanges increasing?!
Maybe we have to look “Exchange BTC Futures Open Interest” ah noo funding rates and leverages again rising!
It reminds me 15th June 2021
Stay safe don’t surprise if we see one final nasty liquidation wick
NFA
