BTC/USD Buyers Beware of Possible Bull Trap

To get the context of this post, please refer to my last idea. It is of my opinion that BTC is not ready yet to re-test previous highs. Excitement of the recent Bitcoin bull rally and now the correction, leaves opportunity for excited newcomers to join in at the next opportunity of buying. As noted we see price breached the key zone noted in my last idea, possibly trapping buyers. We could still see more selling off to under 30K. For now buyers beware!