UnknownUnicorn3844238

Possible Fractal Bottom Idea for Bitcoin

BITSTAMP:BTCUSD   Bitcoin
Bitcoin (BTC) has recently taken a nosedive in price. Here's one theory I've had over how the next breakout could play out. In 2018 the dump was started by a descending triangle, in 2020, a H&S formed before a large drop in price. I believe there is a decent chance we see a few weeks of consolidation and a bottoming pattern.
Comment:
Prices moving up faster than initially predicted. Counting this dump as more of a squeeze / shakeout than a genuine dump.
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