🔴 LIVE: Bitcoin is pushing higher, but this could be the exact move that traps the market.
Price is now reacting at a major weekly area, and while most traders are starting to get excited again, the structure underneath may be telling a very different story.
There is a reason this zone matters.
And if Bitcoin cannot reclaim it properly, this move could catch a lot of people on the wrong side.
In this session, Matt breaks down:
• why this current Bitcoin move may be a trap
• the key weekly level price is reacting to right now
• what still needs to happen before this can be treated as a real breakout
• and the one thing most traders are not paying attention to here
If you are watching Bitcoin right now, this is the part of the chart you need to understand.
💬 Drop your view in the comments — breakout or trap?
📘 Free Guide:
Matt has also put together a strategy guide from last weeks video which is available for download.
To access it, click the Empire link below connected to Coin Bureau and download it there:
👉 Get the guide here: https://link.empirecryptotrading.com/CB
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, trading or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.