BTC - Demand zone is 18K so this move up must be a Bulltrap

11 Mar 2023

BTC - Demand zone is at 18K so this upwards move must be a Bulltrap, Dead cat bounce
Also

11 Mar 2023

Not

Also 1) The measured target of the falling wedge is 18k:

11 Mar 2023

Not

and The measured distance of the expanding wedge is 18k:

11 Mar 2023

Not

BTC has not hit 18k hence I suspect these moves up will be bull traps and BTC will return back lower to the 18k to 17k area

11 Mar 2023

Not

What if its a legitimate move up ?

Then ill take my chances and wait for a close above 24k . If BTC can climb back into the falling wedge its Bullish