Bitcoin's bull-trap or smart money?
Updated
Hi everyone,
Wish y'all have a profitable life.
• yesterday we saw a very emotional pump in Bitcoin's price but what isimpotant is the question.
" Is it smart money or a possible bull trap "?
• we should have a plan for both scenario
If the price pull-backed to my zone we can confirm the price pump with the given Stop Loss
But if the price could not hold the 33k zone we may see the lower prices.
What are your opinions?
Please let me know in the comments!!!
THIS IS NOT A FINANCIAL ADVICE!!!
Wish y'all have a profitable life.
• yesterday we saw a very emotional pump in Bitcoin's price but what isimpotant is the question.
" Is it smart money or a possible bull trap "?
• we should have a plan for both scenario
If the price pull-backed to my zone we can confirm the price pump with the given Stop Loss
But if the price could not hold the 33k zone we may see the lower prices.
What are your opinions?
Please let me know in the comments!!!
THIS IS NOT A FINANCIAL ADVICE!!!
Note
We have 2 scenarios ahead tradingview.com/chart/UXCVusfl/?symbol=BINANCE:BTCUSDT
Trade closed: target reached
Second Target Reached
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