Bitcoin (BTC): Name That Pattern
This is just going to be a short-term update on BTC as we are finally seeing some structured form after the recent bloodbath.
This is purely a technical setup on LTF.
If you're wondering about the title, it is in reference to the Bear Flag that originally brought us here in the first place. And yet here we go again...
The last thing to note here is BTC has never made a long-term bottom in this manner.
I will have a follow-up analysis to support this claim.
For now, just trust the trendlines in the chart.
Share any thoughts down below;
This is purely a technical setup on LTF.
If you're wondering about the title, it is in reference to the Bear Flag that originally brought us here in the first place. And yet here we go again...
The last thing to note here is BTC has never made a long-term bottom in this manner.
I will have a follow-up analysis to support this claim.
For now, just trust the trendlines in the chart.
Share any thoughts down below;
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