$BTC BREAKOUT FAILS! THE BULL TRAP IS SPRUNG!

Warning. The bullish breakout we were tracking on Bitcoin has failed spectacularly and turned into a classic bull trap. The sharp rejection from the highs is a major sign of weakness and shows that sellers are in control. This is not the time for bullishness.

The market has slammed the door on the breakout attempt for Bitcoin. Extreme caution is now required for $BTC