I used to do an analysis using Elliot Wave theory, if BTC manages to break out of the triangle pattern, chances are it will only reach 40k. and now there is a very unnatural bull with no correction of the elliot wave. so this can be said BULL TRAP. LET WE SEE
when i look at daily time frame, from the MACD indicator, it is certain that the current bullishness cannot be said to be really bullish like what happened at the beginning of 2021.
when i look at daily time frame, from the MACD indicator, it is certain that the current bullishness cannot be said to be really bullish like what happened at the beginning of 2021.