Please check this post and write your opinion on this fractal.
I find interesting thing between TRON and Bitcoin, check this out: 1. Accumulation phase 2. Mark up with re-accumulation 3. Hypodermic distribution 4. Mark down
Hard to change the basic idea about move, but this could happen, so please be ready.
Bullish idea was on weekly scale and about Elliot Waves, still valid unless key levels not broken. Last week showed reversal weekly candlestick!
I think a big W (double bottom) pattern like now can be seen on the weekly chart BTC is short term bullish but also long time bearish pattern, that falls down after a rising wedge, compared to other market cycles.
But I found 1 W pattern in gold that's a bit concerning for bearish traders.
i'm agree when i see people saying we will never go below 6k before at 3-5k people was saying impossible to go 8k before years we are not in bear market anymore but do not mean we will not have corrections
ArShevelev
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@LegoTonix, everyone will be satisfied if BTC will continue bull rally:)
But I found 1 W pattern in gold that's a bit concerning for bearish traders.