I'll post a picture below of what a "market maker model" looks like, but we've seen these types of models form before on Bitcoin, so this would not come as a surprise to me if we see it here again. Seeing some bullish divergence on a few time-frames, and we have formed what appears to be a double bottom around 3500-3600. Purely speculation, but I think it has some merit. Typically we see a move down, followed by a bear-flag/bear-pennant formation, another move down, another bear-flag/bear-pennant formation, and so on until we form a double bottom. At that point, we go in the opposite direction; we see a move up, followed by bull-flag/bull-pennant formations, another move up, more bull-flag/bull-pennant formations, and so on.
Commento:
Market Maker Model: i.imgur.com/IZi5B4H.jpg