Short

BTCUSDT Double bottom, bearish Bat.

Updated

BTCUSD probably reached the peak of this cycle with daily overbought condition, double bottom, bearish bat signal and volume lecture based in wyckoff's fundamentals. This pullback to Head and Shoulders neckline is a condition to validate the pattern. The price action is confluent with S&P500. More confluences can be see in the macro daily timeframe analysis.

Note

BTCUSDT Reached the Peak of this Cycle, AB=CD pattern

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BTCUSD Market in Fibonacci (pullback to neckline accomplished)

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