5th Rounded Top and all were followed by Drops
BTC/USD COINBASE:BTCUSD
If history repeats, any big move is consistently sold off after 4-12 candles on the 4 hours. Seems eveyrone waits to see if move continues and if it does not we get this tower pattern with a DROP. No new buyers come in so traders take their money and run. Yes we have broken the 45.7 K resistance. We’ll see if this time is different.
Meanwhile, twitter on chain “analysts” claim “whales buying”. They are usually wrong.
Long term bullish so please don’t tell me to zoom out.
