#Bitcoin
The Three Rising Valleys pattern is screaming at you.
Each valley higher than the last - Valley 1 at the March lows around 73k, Valley 2 in April, and now Valley 3 forming around 97-100k. Classic accumulation structure.
Here's what the 3RV pattern tells us: institutional money is stepping in at higher and higher levels. They're not waiting for 60k anymore. They're not even waiting for 80k. The floor keeps rising.
Two scenarios play out from here:
A) We chop sideways in this 100-105k range and breakout directly.
B) One more dip to test that Valley 3 support around 97-94k, then breakout
Either way, the limits are set. If we dip, Most retailers will see likely find themselves proven right about that "double top". Some will short it or wait for lower prices that never come, fueling the squeeze.
Others will panic sell if we retest support, missing the fact that higher lows in a bull market are rocket fuel.
The 3RV pattern has been telegraphing this accumulation for months. Smart money knows institutional demand has put a floor under this market.
Every dip gets bought harder than the last.
The breakout is coming. The only question is from which level.