Very interesting TA.
Novice market participants are being shaken out. The first pattern was based on FOMO from dumb money and the current fractal pattern emerging would be the opposite it seems. Fear of losing more than what they have already lost.
It seems many new participants are holding negative bags in BTC and are being slowly tortured by the whales who know there will be another parabolic move in the near future.
I see a sideways market for the next 3 months...
How would you interpret this in terms of human behaviour?
RE: Bitcoin : Interesting Inverted Fractal could be in play