Bitcoin defy my expectations today and pumped with hardly any pullback but...guess what, the daily trend is still bearish and as of now thats just a corrective move up.
It likely shake out quite a bit of bears but most importantly entice a lot of people to start longing. Am calling bulltrap and that we gonna have even more brutal and faster dump soon before 'Bull Run' Continuation.
I got stopped on Brett short entered earlier. In drawdown in a few others. Might derisk if the retrace looks likely to continue up more. After daily close though sentiment probably reset and we start dumping back down.
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Bitcoin defy my expectations today and pumped with hardly any pullback but...guess what, the daily trend is still bearish and as of now thats just a corrective move up.
It likely shake out quite a bit of bears but most importantly entice a lot of people to start longing. Am calling bulltrap and that we gonna have even more brutal and faster dump soon before 'Bull Run' Continuation.
I got stopped on Brett short entered earlier. In drawdown in a few others. Might derisk if the retrace looks likely to continue up more. After daily close though sentiment probably reset and we start dumping back down.