Bitcoin Update.
- Chart one clearly shows that the market maker structure is in play, following the AMD pattern (Accumulation, Manipulation, and Distribution). There’s a 75% chance for this structure to succeed whenever it is noticed.
Positive days are ahead. Any new project launching from next month might be exceptionally fortunate, as I anticipate an aggressive bull season starting then.
- Chart two is very significant. We observed a strong bounce from a key level, occurring precisely after closing the monthly fair value gap. This monthly chart is crucial for our analysis, as the bearish engulfing pattern remains in effect. This pattern will only be negated if we see a monthly close above 71,300.
