Bitcoin's back above all that broken support with a vengeance.
And what better time to do it when everyone's panicking and the futures market has been absolutely decimated.
As we walked through in this week's video, a great deal of the longs in the derivative markets have completely thrown in the towel.
They've given up, and they don't want anything to do with crypto anymore.
Now, the market is up and recovering rather nicely.
Seems like a hell of a bear trap to me...
Article Sales Message
All Star Charts Crypto Members Receive
- Our professional research delivered to your inbox
- High conviction trade ideas to make money
- Full coverage of entry and exit signals across the crypto landscape, including major coins, altcoins, and other tokens
- Video conferences every week
- Alerts to cryptocurrencies before they become mainstream
- Custom indices, correlation, trend strength and relationship analysis
- Access to Rangefinder – our proprietary app for tracking trade ideas in real time (annual members only)
You need to have a subscription to access this content in full.
Log in or
subscribe