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Fake Volume on Bitcoin makes it a Bull Trap!

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BITMEX:XBTUSD.P   Bitcoin
A lot of altcoins are going up which is a good sign for the market to recover. We have got a lot of good news about Bitcoin these days but do not be FOMO. It only looks like another bull trap. Do not fall for it. The volume of Bitcoin is absolutely weak and does not show any sign of an upcoming bull market.

We would better wait for better signs as Bitcoin is really struggling to get over 6,600 and seems to fall hard to around 5,200.

If you have made some profit on altcoins now is the best time to sell it and find new buy opportunities in the future.


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