Bitcoin Price Recovery Paints Familiar Pattern—And That’s the Problem: Analysis

Bitcoin Price Recovery Paints Familiar Pattern—And That’s the Problem: Analysis

Bitcoin bulls are feeling it right now. But the BTC price chart is quietly drawing the same pattern it drew before two major crashes in a row.

In brief
  • Bitcoin climbed above $71,000 today, offering bulls their first glimpse of relief since February's collapse.
  • At the same time, the price move has formed the same compressive… [+6447 chars]