The "trap" of Bitcoin is being triggered. 📉
Stop dreaming of the moon for a second and look at the charts.
Everyone was celebrating the dip at 76 800 $ like it was a "buy the dip" opportunity. It wasn't. The selling pressure is suffocating right now, and the big players are toying with their prey.
We might see a tiny and pathetic "recovery" move in the next few hours, don't be fooled. It's a trap before the real floor collapses. We're bleeding towards $75,800, and most retail traders are going to get liquidated while they're busy hoping for a miracle.
➡️. Current reality: Bearish momentum dominates.
➡️. The move: Watch for a weak bounce, then the drop.
➡️. The target: $75,800.
Hang tight, or are you really looking at the data? Get out of your emotions before the market takes your money.
Stop dreaming of the moon for a second and look at the charts.
Everyone was celebrating the dip at 76 800 $ like it was a "buy the dip" opportunity. It wasn't. The selling pressure is suffocating right now, and the big players are toying with their prey.
We might see a tiny and pathetic "recovery" move in the next few hours, don't be fooled. It's a trap before the real floor collapses. We're bleeding towards $75,800, and most retail traders are going to get liquidated while they're busy hoping for a miracle.
➡️. Current reality: Bearish momentum dominates.
➡️. The move: Watch for a weak bounce, then the drop.
➡️. The target: $75,800.
Hang tight, or are you really looking at the data? Get out of your emotions before the market takes your money.