Warning of a sharp decline! The high point of 95,000 hides a trap set by the market makers. Be careful of a bloodbath this week!
It’s highly likely that a crash will happen this week; the daily chart looks precarious! Just take a look at the daily chart, shooting straight up from 74,000 to 95,000 without any decent corrections in between. The way it’s rising feels increasingly wrong! The wind of the Federal Reserve lowering interest rates is indeed blowing, but it hasn’t landed yet; there are currently no solid positive news!
Let me tell you, the market makers have pulled Bitcoin up this high clearly intending to trap more people at these heights, and then they will just turn around and crash the market! Before every major market movement, there is always a wave of sharp declines to wash out the weak hands; this iron law has never changed! Market makers are not doing charity; how could they pull you from 95,000 directly to 110,000 or 120,000? Now is definitely not the time to go all in; everyone should hold back and not act as the bag holders!
If anyone feels confused due to market fluctuations, unsure of how to deal with being trapped, or feels misled during their operations, feel free to reach out for discussion!
