Factors Stack In Favor Of Bullish Bitcoin Fractal, Despite Latest Plunge

[Pluto25]

Bitcoin price action is back in the low $30,000 range, after another failed attempt to reach $40,000 over the Father’s Day weekend. The effort from bulls is getting weaker and weaker, even now resulting in a “death cross” on daily timeframes. But could they be simply feigning weakness, ready to squeeze short traders and push prices back higher in a flash?
The stage is set well, so much so, the price action and several key technical indicators are closely mimicking the behavior right around one of the greatest pumps in Bitcoin history. Is that what’s to come in the days ahead?Read More