TradingShot

BITCOIN Is this June21 all over again or a new paradigm unfolds?

BITSTAMP:BTCUSD   比特幣
Another selling sequence for Bitcoin and another Lower Low since the November 10 All Time High. This (very) bearish price action is close to invalidating the paradigm that BTC is repeating the May-June-July bottom sequence. More specifically it is about to test the August 05 2021 low. A break below that Support, invalidates the whole pattern. On June 22 2021, that Support level held and BTC made its bottom that led it into the late July recovery. This time?

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