Bitcoin / TetherUS
Short
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[Bitcoin] Last bulltrap before the fall !

1059
Bullish trend up to $ 38,700 max, then reversal.


This publication is a trend hypothesis.


Transaction en cours
Reminder of current bearish factors :
- a large bearish flag
- a strong MACD divergence
- a huge RSI divergence
- a steady increase in institutional short positions (COT report)
- a significant drop in volumes these last months
- a weekly bearish MACD cross
- a death cross in progress
- the great powers want to regulate the market
- China fights mining
Transaction en cours
The reversal area is probably between 34500 and 35500.
Transaction en cours
The reversal is near, 36600 max.
Transaction en cours
Bounce up to 36K then reversal.
Transaction en cours
The reversal seems to have started.
Transaction en cours
New bounce, reversal delayed.
Transaction en cours
Downtrend in the next hours.
Note
In less than 24h.
Transaction en cours
Resumption of the decline before the end of WE.
snapshot
Transaction en cours
The start of the huge fall is very near, so be careful.
Trade fermée: ordre d’arrêt atteint
invalidated scenario

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