Technical analysis by Silverbullet121 about Symbol BTC on 5/2/2024

BTCUSD Looking back at the last bull run, there were 3 stages and ended with ugly jagged edges at the top, usually that how the bull run ends when distribution occurs, imo. Now after halving as expected, don't listen to the crap that it will shoot up immediately. Sell on news right? So where to from here. again usually the bull run has 3 stages which the 2nd stage is the strongest. Let's see if BTC can stage a 3rd run from there. It is not a jagged edge distribution but a nice retractment trendline as observed. Good luck!