The Bitcoin price is now locked into a short-term uptrend in a long-term downtrend.
This is also known as a bull trap. Inexperienced traders will take the bait and start buying into the short-term trend expecting to see the price rocket...
Expecting to see a heavy drop in 2-3 weeks πͺππ
Thats the buying climax in my book 58k .I think btc is in for a the longest bear market yet .Who wants to buy at these prices not me ..
anhkTrade
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@lukefx_ETH That's completely irrelevant though, the only thing that matters is the growth. 58K isn't expensive if in a year it's 100K. You should know by now that it's relative
Crypto-Shrimp
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Yea right
Altcoin_z
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I know it's crazy that I'm the only trader who pointed this out... back to the books for you guys π