๐จ๐ฅ BTC IS FORMING A CLASSIC DUMP PATTERN ๐
Pay attention, my friend, this looks seriously clear ๐ follow me so you don't miss anything coming up
The chart shows a distribution structure of
#TEXTBOOK and
#dump , if the pattern plays out, the price could drop to the 49k zone in the coming weeks
๐ง Following historical data of
$BTC this is typical, it always takes a big dip before the
#Pumps beasts. In past cycles, it has dropped 77%, 84%, 86%, and even 93% after euphoria, liquidating the leveraged players and creating extreme fear
The 49k zone would be a perfect capitulation price to accumulate heavily and not sell like a weak hand, just like it has always happened after these washouts
First comes the fear, then comes the violent recovery
Do you think BTC will hit 49k as the pattern suggests or will it defend itself before then?
Let me know what you think below ๐๐ฅ