It is probably just waiting to explode or gonna be parabolic like that.
It looks like potential double Bottom, but there's bearish divergence on 1 H time frame. Otherwise, we have potential H and S pattern in it. Most likely we will go deeper. You can make short set up following on the chart. The ideal long entry is on the green zone bellow.
Egld starts the new wave. EGLD's movement was stronger then BTC. Based on the stochastic by weekly time frame.
Entry = yellow line SL = Red line. TP = Hold as long as you can if want big profit. I guest gala will back to the next ATH or at least near there.
It doesn't look good anymore. 1. Possible Triple top 2. verbought 3. Potential divergence. Even if mostly people in bullish, i think BTC need to rest a bit.
Yesterday i predict on 15 m chart, and that was happened hitting the target as i predicted. Now i find a potential cup and Handle pattern with potential reversal candlestick pattern on 4 H chart.. If you like betting, while most people are waiting, you can take early entry for long position now.