Bitcoin looking like it has created an inverse head and shoulder pattern here although it's been delayed quite a bit I'm expecting a move upward here soon.
An inverse head and shoulder pattern usually looks like this:
Sentiment still a bit bearish, as always there's most likely going to be quite a pullback/dump before we start moving back up, there's been a lot of possibilities to enter long positions at the dips (4 of them in the past couple of weeks) so it'd be normal to expect the market to take those longs out/execute stop losses before it making bigger moves up.
Trade with caution,
Blay