Bitcoin has loved these megaphone patterns lately.
Currently breaking down from the larger megaphone pattern, after some hidden bearish divergence played out and a lot of leveraged longs were liquidated, most likely. BTC is hitting the .886 fib level and getting a temporary bounce, though I'm still bearish on BTC, thinking 6k will not hold and we'll drop do 5k.
Currently breaking down from the larger megaphone pattern, after some hidden bearish divergence played out and a lot of leveraged longs were liquidated, most likely. BTC is hitting the .886 fib level and getting a temporary bounce, though I'm still bearish on BTC, thinking 6k will not hold and we'll drop do 5k.
Trade active:
still in my short
here's another megaphone bitcoin formed and just broke down from :D
here's another megaphone bitcoin formed and just broke down from :D
