Opinion:
BTC is likely forming a short term top.
Top is March 14th.
We've posted that consolidation takes anywhere between 1-3 months on average.
1 month from top would be April 13th.
Coincidentally, it's where the end of the #BTC pattern would break.
Sell signs signs have been there, RSI & $ Flow have been cratering.
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Let's do another scenario.
Top = 3/14, 3 months from then puts it at 6/14. The #BTC pattern can last until 6/6/23 (ooo 666).
If #bitcoin is in a hard consolidation the pattern could last until July 15th, making it a 4 month consolidation.
BTC is likely forming a short term top.Top is March 14th.
We've posted that consolidation takes anywhere between 1-3 months on average.
1 month from top would be April 13th.
Coincidentally, it's where the end of the #BTC pattern would break.
Sell signs signs have been there, RSI & $ Flow have been cratering.
-----------------------------------------
Let's do another scenario.
Top = 3/14, 3 months from then puts it at 6/14. The #BTC pattern can last until 6/6/23 (ooo 666).
If #bitcoin is in a hard consolidation the pattern could last until July 15th, making it a 4 month consolidation.
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