Looking back at the explosive rise over the past year, I found a startling top-formation logic. The current plunge reminds me of a very similar situation before, just in the opposite direction. That time was a surge from late October 2024 to mid-November 2024, with BTC rising from around 60K+ to about 90K+. Over three weekly candles, the average weekly increase was 10,000 dollars. On November 11, 2024, a single daily candle from 80K+...
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Looking back at the explosive rise over the past year, I found a startling top-formation logic. The current plunge reminds me of a very similar situation before, just in the opposite direction. That time was a surge from late October 2024 to mid-November 2024, with BTC rising from around 60K+ to about 90K+. Over three weekly candles, the average weekly increase was 10,000 dollars. On November 11, 2024, a single daily candle from 80K+...