On this graph BTC trying to re-test the 7,6k price up, if he reach the price the next target would be 7.8k. But if he can't reach the said price this will fall again to 7.1k and the support are 6.8k up to 6.5k. In the long run by using PitchFork tools, The Graph shows bearish scenario. Big pitchfork for bearish vs small pitchfork for bullish. 70-30% but we will see what happen few days from now.
So question is this deliberate this kind of pattern just to buy a deep for bitcoin halving? What do you think Please let me know your though by comment below.
Comment:
short start at 7.5k to 7180 the target reached.