Just a quick look at the recent pump:
As you can see we’ve just broke the trendline after a pump, however, one thing you can notice is lack of volume. This is often a sign of a fakeout which has happened previously after the crash.
Obviously nothing is certain, but I am still very bearish on crypto and believe this is the final pump(bull trap) before crypto has another crash, where bitcoin will break the 28700 support. After this crash will be the slow build up to all time highs.
As you can see we’ve just broke the trendline after a pump, however, one thing you can notice is lack of volume. This is often a sign of a fakeout which has happened previously after the crash.
Obviously nothing is certain, but I am still very bearish on crypto and believe this is the final pump(bull trap) before crypto has another crash, where bitcoin will break the 28700 support. After this crash will be the slow build up to all time highs.
