This how Bitcoin works:
How Retail Traders getting fooled repeatedly - and not mentioning whats going on: The are paying the spikes in the trendchannel ("FOMO-BOX") following every spike, wher up to 6,5 BTC are bought in 60 seconds to spike and pump Bitcoin up. This pattern could been seen in the past month at least (!) 25-30 times:
Follow the Volume Chart: BTC was spiked up by maybe 8-10k Bitcoins, but sold off by just a couple of hundrets Bitcoins
And this is, how Bitcoin will end:
It´s not matched perfektly but allmost - Thomas Bulkowski´s rare "Three Falling Methods" Pattern.
The same pattern "long" is called "Three Rising Methods". Now click on this chart, open it and load new bars. You will see, that the DJIA never went back to this levels where this patternd had been completed now for allmost 2 years.
And exactely this is going to happen now to BTC in the following weeks - but in the opposite direction. BTC will drop below the current levels and will not return there for weeks, month and years, folks.
Don´t be in the line of fire of fraud, pump and dump. Protect yourself and look for sustained updates here: https://de.tradingview.com/u/SwissView/
Don't look at the charts with what you WANT them to tell you. Let them speak for themselves. There's no profit in being deceived.