Bull trap - rally to 36K

An inverted head and shoulders formation is just finishing forming on the hourly chart. As a result, I think bitcoin will soon start to climb all the way up to around the 36K level. Most likely, this upward movement will form a rising wedge with a target below the 28.5K level. This will trigger further drastic declines.

The above analysis is just my subjective opinion. Do not take it as financial advice.