Bitcoin - Transactions Large Increase.. Bull Trap or Real Deal?

Bitcoin Transactions have increased in last couple days, which should indicate a spike in short term price. Drawing Trendlines on Bitcoin Chart, we obviously have a short term Rising Wedge pattern. It seems we dipped below/sideways, and now have the bottom trendline to contend with as the new resistance.

So is this last wave just a Bull Trap? Are we destined to go up just enough before correcting?? Or will this wave take us a good distance upwards, validating the Golden Cross of the MA50 over the MA100??

*This will be the FIRST Time I have gone against what the Transactions have told me.

We will see.

Trading ditutup: target tercapai:

Scary how accurate that was..
s3.tradingview.com/s...shots/r/r7x9LC93.png

Komentar:

Price has broken down and entered into red box, as predicted.
s3.tradingview.com/s...shots/r/r7x9LC93.png