$BTC Bitcoin Bullish Shark 🦈❓

Since we're talking about it, let me share some knowledge or exchange ideas with you all. I also browse the forums, and sometimes I combine thoughts and opinions from various bloggers to interact in the comments section. First of all, the confirmation of this shark pattern currently shows a complete upward slope. There is also an arbitrary point B, and point C is higher than point A. The current increase can be speculated as a bullish shark, but the prerequisite for what follows is that point D must be lower than point X, at least aiming for the 0.886 of XC to find point D, or even lower than point X!

This pattern is also called a trumpet spread, which I briefly mentioned in previous articles. If I still maintain my view, currently Bitcoin is bullish because having a stop-loss for Bitcoin is relatively easier. Identify good positions and manage your position size, setting a stop-loss below 110,000. If it shows signs of rebound at 108,000 and 105,900, I won’t hesitate; I will buy more again. However, I won’t add to this position because exiting can help avoid significant emotional influence. Also, I will wait for the rebound position to be confirmed.