BTC loses almost 10% today. In correlation with stock, visibly. But market makers are also behind this drop?
In any case, a Diving Board is forming for BTC. This pattern was seen in July 2021 and triggered a bullrun season (until November 2021).
It is possible that this pattern is forming again for BTC. Let's wait the next a few days to confirm it (BTC should close today below 37K and comeback to 40Ks the next days).
If history repeats with this pattern, bulls will have some hope to start a new rally right now.
In any case, a Diving Board is forming for BTC. This pattern was seen in July 2021 and triggered a bullrun season (until November 2021).
It is possible that this pattern is forming again for BTC. Let's wait the next a few days to confirm it (BTC should close today below 37K and comeback to 40Ks the next days).
If history repeats with this pattern, bulls will have some hope to start a new rally right now.
