Bitcoin / TetherUS
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[Bitcoin] Last bulltrap before the fall ...

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Bullish trend up to $ 38,700 max, then reversal.


This publication is a trend hypothesis.

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Reminder of current bearish factors :
- a large bearish flag
- a strong MACD divergence
- a huge RSI divergence
- a steady increase in institutional short positions (COT report)
- a significant drop in volumes these last months
- a weekly bearish MACD cross
- a death cross in progress
- the great powers want to regulate the market
- China fights mining
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TF2h : current trend up to 36K then reversal ...
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The reversal area is probably between 34500 and 35500.
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The reversal is near, 36600 max.
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Bounce up to 36K then reversal.
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The reversal seems to have started.
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New bounce, reversal delayed.
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Downtrend in the next hours.
Nota
In less than 24h.
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Resumption of the decline before the end of WE.
snapshot
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The start of the huge fall is very near, so be careful.
Trade fechado: stop atingido
invalidated scenario
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