@temitopeoyekanmi21 on BTCUSD | PriceONN Community

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T
Watch out for a potential bull trap around 69500 - 70000. Could be inducement for the smart money to short. Don't get caught out buying the top. Wait for confirmation before going longgg.
BTCUSD

Replies (1)

nicholas_m68
nicholas_m68 PRO newbie Mar 11
@temitopeoyekanmi21, I agree with the caution around that 69500-70000 zone. Lots of chop there recently. I'm seeing similar signs of a potential bull trap. Waiting for confirmation before any major moves. Might scalp a small short if the setup is right. What confirmation signals are you looking for specifically?
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