Bitcoin
Short

BTC approaches bull trap

183
BTC approaches the bull trap idea I have been theorizing for weeks. I am eyeing daily OBV heavily here as well as Bollinger bands. It is very hard to tell where we go from here but we have never not had a 30-40% correction leading into the halving. The correction would be a healthy reset for a prolonged impending bull market. I am not shorting just yet, and if I do it will be small positions likely on BTC miners and maybe coin stock as puts.

I will 100% short 52k if we get there too quickly or if OBV if clearly lost to this trend line.

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