(If) Bear market continuation scenario, common type of pattern:
Updated
50-50 bear market continuation / bull market start to me.
This type of pattern is a real possibility for Btc in case this is a bear market rally.
A retest of 3k, with the market beeing scared to buy there thinking it will keep on dropping below and going to 1k, which would be the exact moment where you want to actually buy.
Followed with a brutal V reversal as we are approaching the halving.
Very speculative, but such a pattern could happen: a retest of 3k and why not slightly below 3k, with "market too scared to pull the trigger as 3k won't hold this time"
For bullrun scenarios, well... you have at least 500 bullmarket charts in tradingview, refer to the one from Filbfilb
This type of pattern is a real possibility for Btc in case this is a bear market rally.
A retest of 3k, with the market beeing scared to buy there thinking it will keep on dropping below and going to 1k, which would be the exact moment where you want to actually buy.
Followed with a brutal V reversal as we are approaching the halving.
Very speculative, but such a pattern could happen: a retest of 3k and why not slightly below 3k, with "market too scared to pull the trigger as 3k won't hold this time"
For bullrun scenarios, well... you have at least 500 bullmarket charts in tradingview, refer to the one from Filbfilb
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