Bitcoin will be punishedThe reversal from mentioned bull trap resistance zone(in the related idea) looks a little bit weak. Not that clear what I like a lot but after that, the sideways correction seems clear, so downside pressure should come soon. Minimal target around 8000 with the same level of the wave A but if there will be strong momentum, then the target may be further away up to 7500 - 7000.
On the other hand if the price go higher, then the bull trap zone should work again.
