In this bitcoin analysis on the Binance BTCUSDT 4 hourly chart on Binance, we delve into the current bearish trend in Bitcoin prices and explore the conditions necessary for a bullish reversal. This update focuses on the significant pitchfork patterns and key price levels that could dictate the next moves in the Bitcoin market.
📉 Unpacking the (still) Bearish Signals: How the Pitchfork Pattern Influences Bitcoin Price Predictions
The Santa rally some were expecting seems to be on vacation this year. Let’s look at this bitcoin chart together:
BTCUSDT 4hr chart showing price action bearish & magnets