Engulfing candle halts the bull run .
The Bitcoin price is now locked into a short-term uptrend in a long-term downtrend.
This is also known as a bull trap.
Inexperienced traders will take the bait and start buying into the short-term trend expecting to see the price rocket...
Expecting to see a heavy drop in 2-3 weeks
💪😍👍
The Bitcoin price is now locked into a short-term uptrend in a long-term downtrend.
This is also known as a bull trap.
Inexperienced traders will take the bait and start buying into the short-term trend expecting to see the price rocket...
Expecting to see a heavy drop in 2-3 weeks
💪😍👍
