What is a Bart pattern?

The Bart Pattern occurs with a sudden, immediate rise in price, which takes the visual form of a massive green candle. This candle is then followed by a horizontal movement that appears directly perpendicular to the first candle.

Why is bitcoin trading in a 'Bart Simpson' pattern?

Bitcoin is currently trading in what is referred to as the "Bart Simpson pattern," a reference to the famous cartoon character's spiky hair when bitcoin trades in certain way.

What is a Bart formation in crypto?

In crypto, the Bart Formation, or just Bart, is a short-term chart pattern. In a Bart formation, the cryptocurrency market rallies sharply, usually on a shorter timeframe like 30M, and after a period of flat ( sideways) action retraces all of its previous gains. The name Bart came from the pattern’s likeness to the shape of Bart Simpson’s head.

Who is Bart and why is he rekt-ing inexperienced margin traders?

This weapon is a chart pattern, known on social media as simply Bart. Who exactly is Bart and why is he rekt-ing inexperienced margin traders over and over again? It all started after the big boom of 2017 when Bitcoin showed its first signs of weakness. The price collapsed and so did the liquidity on all cryptocurrency exchanges.