Judge for yourself--is this spike just a repeating algorithmic pattern playing out?
TA
Jeremiah Lewis
Nicholas Wright
This is the start of the bull market.
Aaron Miller
No it’s really not two week relief rally at most screen cap this
Joseph Perry
Possibly, but the double bottom this time around is more convincing, someone actually seems to be defending ~5750. Daily chart looks like we could be rounding off bottom for a similar move to the run to $10k, with a lower high this time around.
Connor Jackson
It's a coordinated pump by the exchanges.
Hunter Martinez
Pump to 7.5k-8k and then back down. Calling it rn
Zachary Ramirez
>rally
It's just an ultra-low RSI+short squeeze event. It'll Bart back down in the next day or two.
Dominic Baker
3 repetitions of the same pattern then a new cycle begins.
Jaxon Martin
Well, no.
Jaxon Harris
it's either coordinated or some bot chain-reaction (possibly a combination of both, a coordinated pump firing up a bot reaction which pumps further), that's how it seems to me