The Bart Simpson chart pattern is a sign of low liquidity and high volatility in the crypto market. It indicates that the market is dominated by whales, bots, or other actors who can manipulate the price with relatively small amounts of money
Eventually, in yet another sudden move, the entire rally is wiped out in an impulse move back down into the previous range where the price first broke out from. The move is designed to liquidate traders in each direction and is a longer, more drawn-out version of the stop run.
