#BullTrap #BullTraps
I have seen exactly the same condition happen in previous bull run. When we all thought market is going to pump and all the analyst used to say if btc holds this zone it will pump hard and guess what happened ? btc dumped to 28k and went back to all time high. That was the time alt season started. I can see similar thing happening again. Btc should be atleast 40k in next few months. And then break all time high again. This is looking like a well planned bull trap because 70percent of people have started long while only 30 have done short. Imagine if 70percent wins then the market will be empty which will never happen ..they will first liquidate shorts as much as they can then dump to liquidate greedy people doing long and not putting stop loss or managing risk.
