January 26, 2026

Bitcoin Analysis 4/27/22 Pt 3 (Potential Bearish Cypher)

Bitcoin Analysis 4/27/22 Pt 3 (Potential Bearish Cypher)

Bitcoin Analysis 4/27/22 Pt 3 (Potential Bearish Cypher)

Bitcoin Analysis 4/27/22 Pt 3 (Potential Bearish Cypher)

BTCUSDT Perpetual Contract BYBIT:BTCUSDT
NeutronMan


Bitcoin Analysis 4/27/22 Pt 3 (Potential Bearish Cypher)

I believe this could be a Bearish Cypher pattern. I’m not an expert with harmonic patterns and I don’t think these patterns are too reliable with crypto, they are more common in Forex I believe.

By using the Fib Time tool it’s telling me we could reach the price target of this pattern$45.3k by March 7th. Then supposedly the following price target is $32.8k.

Again, from my experience with Harmonic Patterns most of them didn’t play out, but it’s still good to practice identifying them and hoping they work out.

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