WE HAVE ALREADY SEEN THIS ON BITCOIN
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I always like to find pattern from the past, because history always repeat. The ghost bars pattern comes from a 2019 price action (20 October) and looks like it fits with a really possible scenario. This flash dump is necessary to liquidate most of the longs, and as soon the fear will comes to the market, maybe around $54.000, Bitcoin could range and accumulate before a crazy pump to $80.000
Commento
Looks like the pattern is still accurate! Bitcoin is approaching a possible reversal area according to the pattern, expecting (and hoping) a range here probably till Monday, updates will follow hereCommento
So far so good, an explosive pump could be around the corner!
Your friendly Sali
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