Hello all! Princess Gwen here. I wanted to show an example of the V formation, which we see all the time. I wanted to bring it up especially because Bitcoin hasn't shown a good example of a V, which to me indicated that it likely hadn't found it's bottom yet. The V has two distinct sides, the parabolic downward trend, with the usually somewhat less parabolic upward trend. These form from quick panic moves where people quickly sell the trend. The bottom of the V is often found by a doji, or a bullish engulfing candle, and a reversal that takes price upwards quickly.