According to my calculations, if we break above $572.50 the bull market is good. https://www.tradingview.com/x/K1Tu1MG8
I think
#BTC is still setting the overall mood. And yes, this butterfly pattern can morph into anything else
The shorts are wayyy too high. The pressures got to let off. I think the bull Gartley pattern will validate at 572.5 in the short squeeze. Then fork FUD selling. Then moon.
At the moment
#BTC is hovering around 0.681 line.
Chart: 1 month of short positions. 41% drop
