everyone thinks $BTC printing its strongest weekly close in eight months confirms a real breakout, but actually this looks like another trap ready to wreck late longs.
getting wrecked fomoing into these strong closes then watching it reverse is too common. you buy the pump and have no idea when to exit as it dumps back into the range.
$BTC just printed that strongest weekly close in eight months. ngl ser the numbers look decent on paper but this case study of the current chart shows mixed signals with $ETH not confirming the move and $SOL lagging hard.
we've seen this exact liquidity grab setup before. volume isn't backing a clean continuation either.
where do you think this goes from here?
#Bitcoin #Crypto #Trading
getting wrecked fomoing into these strong closes then watching it reverse is too common. you buy the pump and have no idea when to exit as it dumps back into the range.
$BTC just printed that strongest weekly close in eight months. ngl ser the numbers look decent on paper but this case study of the current chart shows mixed signals with $ETH not confirming the move and $SOL lagging hard.
we've seen this exact liquidity grab setup before. volume isn't backing a clean continuation either.
where do you think this goes from here?
#Bitcoin #Crypto #Trading
