Bitcoin chart looking like a major fake out

The price clearly broke out to the upside, but then it gave it all back.

Like this:

(Source: https://twitter.com/TheDonOfApes/status/1777768574192423012/photo/1)

Most were expecting major follow through after yesterday's move, myself included.

This was a slap in the face that was mostly caused by stock market issues.

Everyone now worried about no cuts so the things up the most get whacked on days like this.