Chart Pattern Analysis Of Bitcoin.

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Chart Pattern Analysis Of Bitcoin.Bitcoin / US DollarCOINBASE:BTCUSDnothingchangehereFrom K1 to K3, It is a strong bullish month scale morning star pattern, It breaks up the long-term bear market downtrend line, And it verified a potential strong support at 60K area. It is likely that the one year bearish period had been terminated here. A large scale consolidation had started earlier from K1, Or, another three years bullish period had started from K1. But it must be verified by more signals. Firstly,The demands at K3 must be similar or stronger than K2. Secondly, the following candles must successfully fall to test 0.5fib area. If that’s a fact, I will try to buy it there.