What up fallers!
We have some real resistance at the 50%-Fibonacci-Level, which will make it drop to 6000$.
From there on BTC will probably bounce back for to the next resistance level at around 7400$ as people will expect a double bottom to be the end of the bear market.
This will just be seen as another Bull Trap when we are heading to 5000$ and later to 3000$ where the whales will buy cheap and pump it to the moon again.
If you don't wanna waste your money in this Bull Trap, this is the way to trade.
As ever only invest in this crazy market what you are also willing to lose.
Peace out!
Monsi
We have some real resistance at the 50%-Fibonacci-Level, which will make it drop to 6000$.
From there on BTC will probably bounce back for to the next resistance level at around 7400$ as people will expect a double bottom to be the end of the bear market.
This will just be seen as another Bull Trap when we are heading to 5000$ and later to 3000$ where the whales will buy cheap and pump it to the moon again.
If you don't wanna waste your money in this Bull Trap, this is the way to trade.
As ever only invest in this crazy market what you are also willing to lose.
Peace out!
Monsi