Bitcoin Analysis 5/25/22 (Ultra Bearish Scenario)

BTCUSDT Perpetual Contract BYBIT:BTCUSDT

NeutronMan

If you draw the chart like this then it appears BTC could be confirming this massive Bear Pennant pattern. According to the Wyckoff Price Cycle, the price action is always in distribution or accumulation. Were Whales unloading BTC during May before the next Markdown begins?

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