Bitcoin - Bull Trap

24 באוק׳ 2023

The recent surge of Bitcoin is indeed noteworthy, surpassing the 30k threshold. However, upon the fulfillment of its sub wave 5, it appears to be a potential bull trap with a possibility of plummeting to a minimum of $12,622.

While we remain optimistic that this scenario will not materialize, we are cautiously monitoring the market to ensure that the winter season is left behind for good.

2 בנוב׳ 2023

הערה

i am still bearish with the recent increase of the price, though the FED paused the interest rate, market still remains cautious, although some alt coins have impressive increment.