If you check my previous BTC ideas, you will see this fractal repeating during this whole bull run a couple of times.
Details are written in the chart.
To sum it up:
- Hidden Bullish Divergence on Monthly and Weekly Timeframes
- Higher low in the making (Stil technically a bull trend)
- They somehow managed to produce massive fear near support levels again
- Channel support
- 88% Fib level retrace
- Same Fractal repeating during this whole bull run
- Daily RSI bearish trenline broken
Details are written in the chart.
To sum it up:
- Hidden Bullish Divergence on Monthly and Weekly Timeframes
- Higher low in the making (Stil technically a bull trend)
- They somehow managed to produce massive fear near support levels again
- Channel support
- 88% Fib level retrace
- Same Fractal repeating during this whole bull run
- Daily RSI bearish trenline broken