RED ALERT!
It looks like the small pump after the approval of 11 Bitcoin spot ETFs by the SEC yesterday, ended an ending diagonal pattern.
If correct, a very sharp correction has just started. It could easily hit 40k or even 35k again if the impulse sequence is in fact completed.
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...
Have a nice day :-)
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Agree! Nice analysis…. I’m just waiting