Bitcoin BTC forms a bullish reversal pattern! Bitcoin is currently developing a Morning Star candlestick pattern on the monthly chart. This is essentially a three-day sequence that signals the sellers are exhausted, and the buyers are taking back control. This is one of my favorite setups because it often accurately predicts trend shifts. Even though it's a strong signal, the data shows that price often takes a small "breather" (averaging around 8%) shortly after the move before the real rally begins.(Ali Charts)