RED ALERT!

It looks like the small pump after the approval of 11 Bitcoin spot ETFs by the SEC yesterday, ended an ending diagonal pattern.

If correct, a very sharp correction has just started. It could easily hit 40k or even 35k again if the impulse sequence is in fact completed.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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