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BTC VS ALTCOINS 30th May - 3rd June 2022

BINANCE:BTCUSDT   Bitcoin / TetherUS
Good day folks. I trust you’re all doing good.
Fast track to my analysis for this week on BTCUSD vs ALTBTC. The major resistance so far has been $30.8k to $31k. Despite some people calling it bullish of all kinds of aspect, flag, double bottom sort ; I’m seeing nothing of such.
As much as we don’t go above 31k zone and retest it; any bullish movement is a trap and it’s an opportunity to short back to 28k which dumped to last week.
Why 28k should be the question on your mind well that’s if I guess successfully.
28k because $28,650 has been tested multiple times and it has already broken through it.
The fed news is going to come out this week, when talking about fed news, I mean the NFP (Non-Farmers Payroll). All these are to affect the pump or dump this week. All I am sure of is, there is no pump yet or any form of bull run if we don’t get above $31k zone and retest it. Any other form is just swing failure pattern and a form of manipulation.
I hope you’ll could make use of the information.
Thanks and have a blessed week ahead.

The link to my analysis can be found below,


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