Bitcoin / TetherUSShort
BTC - Caution of this Red Trend Line - Potential Trap to 35,000
Bitcoin is still respecting and not breaking this resistance line marked in RED.
Unless we break above 62,000 - I consider this upwards momentum to be a bearish retest and bull trap scenario.
It’s possible that we see a flash crash and tap that level around 35,000
Unless we break above 62,000 - I consider this upwards momentum to be a bearish retest and bull trap scenario.
It’s possible that we see a flash crash and tap that level around 35,000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.