Compare current bottom formation to April bottom, it appears really close looking patterns ,if we weed out the failed breakout, the upper wick. The more weird is that it happens in ETHUSDT,LTCUSDT, BCCUSDT as well. 1. Does this mean that we have an another rally coming near? just like what happened in the April, a good rally? 2. the Bitcoin failed breakout indicates that this will be different, finally break down 6000 and stay below 6000?
This is pure speculation, not any analysis included. But your thoughts are welcone.