updating my previous charts, if bitcoin wont touch $50k
then this is the last relief rally before the real drops
begin, base on 3 halving we can see identical patterns
were distribution is happen, right now were entering the
crucial stage were most of investor and traders will get
confuse if this rally is for bull or a short entry,
but base on historical of bitcoin price it is showing the distribution phase,
lets see if bulls will win or bear will win this price actions.
then this is the last relief rally before the real drops
begin, base on 3 halving we can see identical patterns
were distribution is happen, right now were entering the
crucial stage were most of investor and traders will get
confuse if this rally is for bull or a short entry,
but base on historical of bitcoin price it is showing the distribution phase,
lets see if bulls will win or bear will win this price actions.
Comment:
daily rejections and monthly price rejections, thats a lower high.
Comment:
$39k now possible bounce but it wont go high, over all bearish
