If we go down from 36,6K again, the more possibly Bitcoin Ascending Triangle, but still potential to 40-43K
but on overall I think we are in Big Corrective expanding triangle before continue dump again
I'm think this is the continuation pattern for Bitcoin Classic A-B-C Pattern on Elliot Waves Thory
and now we are going to B (lower high) before dump and go to C (25-23K)
it's looks like bearish flags pattern which is Continuation Paterns
Most likely Bearish, if Bitcoin not close on 44-45K, the probabilities is going down
Kiss of Death is when weekly the price close below 31 EMA and pullback to 21 EMA and Trend become Bearish
The History of Kiss Of Death
2013-2017
2017-2019
If we see the chart when price pullback from 21 EMA & 31 EMA the Trend still bullish
and we price close below 34 EMA the trend become bearish
But after the market crash in May 2021, the price never...
the definition of Deadcross : www.investopedia.com
if we look the history of Bitcoin death cross :
Death cross on Bitcoin Halving
Death cross of the end last Bull Market on 2018
Is this the trap? or big alert for Bitcoin holders?
we have still change if we still bounce from the 35K support
