This is a similar pattern to what the stock market is seeing right now.
We could see a fomo rally to the levels of the upper Megaphone channel but i expect a sharp selloff if it cant be broken.
Bearish pre halving is that we cannot reach the top and sell off from here because imho i see the miners pushing the price up to sell btc at as much profit before their reward is cut in half.
No financial advice take care guys!
We could see a fomo rally to the levels of the upper Megaphone channel but i expect a sharp selloff if it cant be broken.
Bearish pre halving is that we cannot reach the top and sell off from here because imho i see the miners pushing the price up to sell btc at as much profit before their reward is cut in half.
No financial advice take care guys!