Bitcoin is in a Bull trend or a Bull Trap ?

Bull or Bear?

Recently, BTC set up a new ATH. But it is actually a Bull Trend or a Bull Trap. Everything can happen. Let’s take a look my below analyst.

BTC is still in the correction — the last wave C is still there !

But when looking at the RSI/MACD, I haven ‘t seen the divergence yet. So this situation is rarely to happen. But we need to take care our account ! (10% is a big deal)

So the bull setup should look like below:

BTC setup a Impulse wave to get a higher ATH — 130k$

So the key point is 52k$. If the price breaks that level, the Bull trend will become a Bull Trap.

But in my opinion, this bull trend will happen !

Let’s keep calm and see.