Following the initiation of a bearish fractal on the monthly Bitcoin chart, the weekly long liquidation has been triggered. I anticipate a price retracement within the identified regions. A new all-time high would be unexpected, but given Bitcoin's volatility, it's not entirely out of the question.
The daily chart has exhibited three instances of manipulative price action.
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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.