Major Decision Time for BTC Multiple 2Hr Closes below the .5 Fib Level. Possible Dead Cat Bounce confirming a Bull Trap from our 29,900 Recent High. Could take us back to 27,200 or lower. May 1st or MAYDAY! brought us a possible bull trap on the 2Hr time frame. We want to see BTC reclaim the .5 Fib, the 223 & 322 "yellow & blue lines" EMA's reclaim 29,000$ a Multiple year Resistance, we do that than 31,400 Pi to 32,200, or Higher still in the cards. take a look at the inverse Head and Shoulders possibly playing out to confirm this.
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