Bear Market Bottom Fractal Says Bitcoin Could Soon Bump And Run

Bear Market Bottom Fractal Says Bitcoin Could Soon Bump And Run


No clear signal for Bitcoin’s price, except for uncertainty. Investors are puzzled as the first cryptocurrency by market cap follows crab-like price action. At the time of writing, BTC trades at $35,935 with sideways movement across the board.

BTC moves sideways in the daily chart. Source: BTCUSD Tradingview

The most bullish expert believes BTC could be forming a Bump and Run Reversal (BRR). In 2018 and 2019, BTC’s price formed this chart structure after major corrections and managed to reclaim the lost territory.

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Anonymous analyst “Stillman” compared BTC’s price 2018 3-day chart versus its current 10-hour chart and found similarities that point to a Bump and Run reversal bottom.

BTC 2018 vs. now. (3D vs. 10h). All I am going to say is if we get this move next, don’t mistake it for a bear flag. pic.twitter.com/fNLAeTn8St

— Stillman (@Stillm4n) June 5, 2021

Anonymous trader Polar Hunt concurred with the analyst’s conclusion. The trader believes that “mega

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