Bitcoin BTC May 5th Live Stream Afternoon Update - Are We Setting Up for Massive Bull Trap?

@philakonesteemit · 2018-05-05 22:13 · bitcoin

![](https://steemitimages.com/DQmVrkKB9WsHitkHqkPomeUeagT9U313P9vDA13PtvWJzta/image.png)

General Tone: We see massive resistance at the $10K range. Hard resistance is $11,750 which we have a chance to hit, though a bull trap is more likely. If $10K is not breached, a support target is roughly $8,650 range. Long Term Bias (6+ months) - Bullish Medium Term Bias (Next Week) - Neutral Short Term Bias (Today) - Neutral Long Term Target Prediction by 2019 - Breaking well above $35K (ATH)

https://youtu.be/GAUpC4A3HIs DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

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