Profit-taking for the next bull run starts from Jan/2025
and completed by Oct/2025 approximately for 10 months period
according to Bitcoin profit taking cycle indicator
The downward trend line becomes stiffer and stiffer as the BTC price goes down rapidly. It eventually breaks out of the lines. The stiff down trend line means we're getting close to the bottom.
Bart Simpson's pattern usually lasts about 2-5days
it has been 2.5 days so far since Bart Simpson's pattern started forming
we will see pull back according to this pattern
The longest pattern last 5days so we will see the move down within 2-3days
---not financial advice----
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or...
Clear Bullish Divergence on 4-hour chart
A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend.
www.investopedia.com
bullish hidden divergence happens during a correction of an uptrend when the value of an asset makes a higher low. However, the oscillator is still showing a lower low. This usually translates that the bullish trend continuation. ... This is a bullish hidden divergence.
Descending Triangle is usually bearish but when the bearish trendline breakthrough, it is 84% of a bullish case
cited from the personalfinancelab.com
www.personalfinancelab.com
