Just before the weekend I said that we had a high chance of a break below the 4K range, and likely that we will drop to the mid 3K level. What we saw over the weekend was another bear trap where BTC briefly rallied to 4.3K and then got aggressively thrown back below 4K again. This has been a recurring pattern throughout the bear market, and not unexpected by any means. The price is currently hovering around the high 3K levels, but my thoughts have no changed since Friday.
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Pump and Dump...029
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Just before the weekend I said that we had a high chance of a break below the 4K range, and likely that we will drop to the mid 3K level. What we saw over the weekend was another bear trap where BTC briefly rallied to 4.3K and then got aggressively thrown back below 4K again. This has been a recurring pattern throughout the bear market, and not unexpected by any means. The price is currently hovering around the high 3K levels, but my thoughts have no changed since Friday.