Bitcoin

Is it just me or do these fractals look a lot like each other?

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I see a lot of similarity between recent pump and the last pump we had during this bear market. I am wondering what will happen next since the bulls cannot sustain price increases after a big pump. Let's see where this brings us, in my opinion sentiment is way too bullish compared to the volume and price movement of bitcoin. This fractal is a little bit smaller than the last one, but it still has a lot of similarities. Keep in mind that if the 8.5k level breaks, bitcoin can make another leg up towards 8.7k/9k range. In my opinion this is highly unlikely.

Penafian

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