For anyone coming across this later, here's what happened a day after BTCUSD moved "down sharply": https://i.imgur.com/GSFU7Mu.png https://i.imgur.com/GSFU7Mu.

For anyone coming across this later, here's what happened a day after BTCUSD moved "down sharply": https://i.imgur.com/GSFU7Mu.png https://i.imgur.com/GSFU7Mu.png Just your average market fluctuation, or at worst an overreaction and immediate correction. It's best not to try to predict long term market cycles from the 1h candles.