Bull Trap??
Bull trap narrative still very much in play in my opinion. Looking at similarities from the previous bull run. after breaking the parabolic structure, BTC like to bounce off of the .618 zone which relates to the green line i have on the RSI. Being rejected on the yellow Fib .382 confirms the trap which relates to the yellow line i have on the RSI. Unless these levels are disrespected dramatically, i am still very bearish. be careful out there! any feedback is appreciated!
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