🔥Bullish reversal bar has been CANCELLED on #BTC ! Everything is awesome, I don't need to close my short.

Hello, everyone!

I am completely confused with the current Bitcoin price action. On the one hand my yesterday's scenarion is playing out right now. We saw the local pump and then dump. But I supposed that we will see the wave 3 to the downside. Current dump does not look like the wave 3. It looks like the end of the correction.

We can see on BTC 4h price chart that price has already printed bullish reversal bar at the 0.61 Fibonacci retracement level. Of course this but is not confrimed. The confrimation level is at $28720. There I will open long and close my short on ADAUSDT. I am really confused, guys. It seems like we will see the rapid pump to the new highs if the bullish reversal bar is gonna be confrimed. Until it does not happen I am still in short trade.

Chart 1. BTC price.

Best regards, Ivan

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