FUNDAMENTALLY: BTC is enduring FEAR. The “hacks” or possible scamming, of certain alt coins has induced fear into those holding and looking to buy. Is it all just a bunch of dogecoin? Or do we think elon is gonna be buying back? I think the first crowd is making more noise. Many short Bitcoin in the hopes it hits 0 which is a sign of movement through pure speculation. Which is how most of crypto moves.
TECHNICALLY: 4.14.21 BTC at 65000+, because it spiked mostly on speculation it has the chance to come back to where it started, I see it possibly coming back to 10.12.20 at 15-20k, the prices before the spike. The patterns showing now are mostly bearish, the first reverse flag indicates a replication of the pattern, the reverse diving board and big M are smaller pattern indicating present bearish characteristic in the candlesticks.
TECHNICALLY: 4.14.21 BTC at 65000+, because it spiked mostly on speculation it has the chance to come back to where it started, I see it possibly coming back to 10.12.20 at 15-20k, the prices before the spike. The patterns showing now are mostly bearish, the first reverse flag indicates a replication of the pattern, the reverse diving board and big M are smaller pattern indicating present bearish characteristic in the candlesticks.