The Current Bitcoin Surge Should Usher In A Massive Bullish Rally

With the recent market movement for bitcoin, seems that a massive bullish rally is emit. A crypto analyst who took a critical look at the current bitcoin market says that bitcoin is in the right track to print a bullish reversal structure. The king crypto whom made an all time high over the weekend to the current market price is currently above the $20k mark price.

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He’s thought during the twitter session was that above $18,200 opens up the possibility of an inverse head and shoulders complex, multiple shoulders (or wide left) and head with neck-base at $25,500. Looking at the chart he is pretty much optimistic about bitcoin reaching $30k trading price. We all are pretty optimistic about the market price of bitcoin printing a new all time high, and the market recovery at large.

But there are still misconceptions that this current market movement is a bull trap for both traders and retail investors. As advised to trade a caution and not FOMO

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