BTC We got a local rise to $80,400, after which an immediate pullback… — Crypto Hunter

Crypto Hunter | 29x@crypto29off · 39.8K subscribers Open in TelegramOpen

$BTC

We got a local rise to $80,400, after which an immediate pullback followed

I think this local bounce and prolonged consolidation within the range are just baiting people into longs. A rise within consolidation is usually perceived as a positive signal, so many start entering longs expecting a continuation. But more often than not, such moves turn out to be regular manipulation, after which it goes the opposite way

If we now break the current local range and close at least on the 4H below $79,200, then the market correction should accelerate significantly