Briefly,
3 months ago or more, i assumed the till the Btc reaching the 5 to 6k USD was acceptable as many reasons
but above the 6k gone almost as apump then dumping
almost as a resonance curves, it should (and happens) should come back at the same point the pump starts which was 6k
Exactly came back to 6k then continuing from that time till now as logically and...
first im not experienced TA in trading but just looked from a technical mechanical curve theory
Briefly i see that Bitcoin Never reached 20k in real and the right value nowadays about 10k-11k
I Assumed that the area in red box is just a resonance period
kindly google it (resonance curve)
which caused buy a forcing pump to 20k USD
let us assumed bitcoin just...