Isnt this just a diamond bottom
$BTC
Possibly another range deviation.
If price manages to get back above the range high and hold it, I expect an upward breakout and a swift move to the next level around 7230.
It's unlikely a fourth test of the range support would hold (if this gets back down there).pic.twitter.com/Yvo0q1UnvF
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I'm not all too familiar with diamond bottoms, but from my cursory understanding of them, they should be diamond shaped, this looks more rectangular.
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Telepathy - the same thought just came to my mind regarding 6.8 not being able to hold if this comes down crushing hopes and dreams again. I hope the asians don't fcuk it up.pic.twitter.com/uHThDyFWoY
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