It formed the falling wedge which is a bullish pattern and will go bullish towards 37k or more... Long from here till 42k to retest.
Trade closed: target reached
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Target reached.
It reached to 37k so fast because of external factors like Elon Musk promoting bitcoin on twitter, and reddit team going long on doge and then btc... But this external factors only caused it to be faster, actual price increase happened because of the falling wedge breakout.
@Tadouh, Elon only made the breakout happen faster. It was fast pump and dump, now it will continue to falling wedge pattern and we will see how it plays out. There is nothing wrong with my analysis, I know you want so badly that I will be wrong but it will not happen. Go cry, tadouh. Maybe study more chart pattern and you will understand why all traders make price moves like this, unlike you only hold BTC and trolling at chat.