Btc Always makes everyone fool. whole Market is ready for BTC correction . This trend line is playing as a RESISTANCE .
I feel One Short trap will play and BTC will pump straight to 58K area over the NIGHT.
How retailers will be trapped? 👉 For this Short trap setup BTC will break 50700 as well as 49500 level and will come back from 48500.
Pull Back ? 👉 BTC will show everyone that it is moving up for retest after Breakdown. but it might break and pump harder then you have seen in this whole bull market.
Why 48500 ? 👉 Whole Market is Ready for 46300 level to buy the DIP . Whales always know what you know. But whales also know what you dont know . Market will pull itself before 46k area. so the support higher than 46k is 48.5k
Disclaimer - This post is not a financial advice . Do your own research .