It's hard to argue the setup here...
Bitcoin may have put in the lows for this cycle...
While it doesn't feel like the bearish is done, there is a chart pattern indicating that it might be.
Check this out:
(Source: https://twitter.com/easyeight08/status/1593983665763131394/photo/1)
Bitcoin has mostly followed this the entire move down.
And, as you can see above, we could be putting in the final spring low before catapulting the price back upwards.
A textbook bear trap, if you will.
While I have no idea if this will actually play out, the setup is certainly there.
What do you think, will bitcoin continue with this pattern?
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