Bitcoin - Bart Pattern or something real?

in #bitcoin6 years ago

Bitcoin just took back all the losses and then some

Normally this would be hugely bullish.

Prices surging after a big pullback and sideways action:

(Source: ~~~ embed:1187757790581940229) twitter metadata:c3VubnlkZWNyZWV8fGh0dHBzOi8vdHdpdHRlci5jb20vc3VubnlkZWNyZWUvc3RhdHVzLzExODc3NTc3OTA1ODE5NDAyMjkpfA== ~~~

But, we have seen this many times before.

It's affectionately known as the Bart Pattern:

(Source: ~~~ embed:1187757790581940229) twitter metadata:c3VubnlkZWNyZWV8fGh0dHBzOi8vdHdpdHRlci5jb20vc3VubnlkZWNyZWUvc3RhdHVzLzExODc3NTc3OTA1ODE5NDAyMjkpfA== ~~~

Will this be just another Bart Pattern, or something more sustaining?