BTC is such a tease.

There were several big resistance lines that a lot of TA nerds (like me) thought would be broken today, either upwards or downwards. What did we get instead? It went up and down the whole range and didn’t break the lines on either side. I’m assuming much leverage was wiped out. We could still go either way even though our portfolios have taken a beating today.

Do you think this is a fake out before the break out middle aged mommy make out? Or is it a true shakeout? I feel like it’s a fakeout like we saw back in may before the breakout?