Huge Bear Pennant forming - BTC/USDT
Updated
If this does not break above around the 3,640ish then this huge bear pennant will most likely be confirmed. My target based on my fib is 3,1k (also that seems to be the consensus around here that 3,1k is the target).
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After breaking the trend It looks like dump attempt has been negated and the follow up pumps negated as well. It has now been protracted, I've heard about Barts, this price pattern confuses me. Either way, the best long term solution is to hodl, but for us day traders, play the alts but keep a close eye on BTC.Order cancelled
BARTmania which makes sense, no one wants to buy and no one wants to sell not enough liquidity, which leads to consistent sideways price actions. The designated whale that's been pumping and dumping determines BTC price fib range and ultimately our fate D:
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