Bearish Gartley on the Daily, Bitcoin price action has been heavy manipulated with spoofed orders and momentum ignition bots, that's why we' had so many BART's latelly, trade with caution !
my biggest concern is Alts which are primed to jump, both from BTC ratio and from chart perspective - think alts about to pop
Mikanoshi
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@abiraj05, I sure hope so, after they lost almost all the gains from last 2 months in a matter of days :)
Frumentarii
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@abiraj05, man alts gonna melt... is bear market yet, still not back into bull mode for bitcoin, this harmonic pattern is huge and bearish...
pingygoogs
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looks like an ihs to me
Gunslinger2005
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@pingygoogs, to people who dont know patterns everything looks like HS and,IHS. which arr reversal patterns and not continuatiob patterns. and habe crappy hit rates
pingygoogs
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@Gunslinger2005 nothing is bearish about the bitcoin chart if you open your eyes
Frumentarii
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@pingygoogs, looks like u a hodler, if u like the idea of holding an mega-volatile, speculative asset for years, no need to keep tracking it, just chill ! i have my thoughts on all of this, but only time will tell !! cheers !