Bitcoin still faces significant resistance at $62,000, and if it breaks, it could liquidate over $845 million of leveraged shorts. A bear trap is a form of coordinated but controlled selling that ...
First spotted by CryptoBullet, an independent market analyst, the fractal shows Bitcoin recreating an inverse head-and-shoulders (IH&S) pattern that preceded its price decline toward $3,100 later in ...
Price fluctuations in the financial markets result in patterns and trends that traders rely on to predict the direction price is likely to move. For example, fractals are a five-bar reversal pattern ...