I was not expecting this much of a bull trap lol.
Any way glad we stayed out of trades for the past couple of days as pretty much all traders in other channels I have seen have got completely REKT trying to catch a non existent bounce.
Plans are still unclear and we are at a critical point now retesting $30k soon if we bounce and get above $31k we will be printing a new higher high and breaking out of the channel - very good news. There are unfortunately not as many longs sitting at $30k to support a strong bounce though - there is a big big buy wall at $28k though so this is where the secondary battle might take place.
Realistically we are in a very bearish scenario and looking like we will realistically push down to at least $28k again. If trading BTC then key points are to long above $31k on the retest to $32k and short below $30k to $28k.
Personal opinion if below $30k going into Monday then itll be a pretty bearish week.
Good luck out there ALT's are getting murdered.
