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$BTC in trap area before testing bottom again
BTC / USDT
This might seem like a breakout to many , but to me, Bitcoin doesn't typically exhibit simple breakouts like this; it looks more like a liquidity zone or a trap. News about wars and energy in the Middle East is also a catalyst.
What next ?
I see we'll retest the bottom of the horizontal blue channel, or even go lower at the 50k level.
The longer it stays here in sideways move, the steeper the fall will be…Agree ?