Looking at the BTC/USD chart, I’ve identified a unique long-term pattern. The “Three river bottom”.
The three river pattern is opposite to the three mountain top. The three river bottom forms over a long period while the market tests the same bottom level “three times”. The Japanese also call this “San Ku” meaning “three gaps”. The third gap often indicates the exhaustion or end of current trend.
As seen on the below chart done by me.
All coincides with past years Bitcoin charts that indicate a market rally to the bulls at the outset of the month of June.
We’re all very excited over here, for this bear market has been a true test to most crypto investors.
I am NOT a financial advisor. This is not financial advice. This is just my opinion and nothing here stated should be taken as financial advise.