Bitcoin has finally achieved ETF listing. This should be considered a historic turning point. However, the market's response has been lackluster.
What is happening?
Technically, we have descended through eight gray channels and retraced back up four.
Although whether this indicates a key level for trend reversal is not yet clear, the harmonic pattern suggests fulfilling an overall bearish pattern (Total) or bearish Sea Pony described in my previous idea.
Note
If you need a more explicit boundary.Note
update.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.