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.

Why is bitcoin called Bart?

There is a pattern so common in cryptocurrency trading that it has been nicknamed the “Bart” due to it looking the head and hair of an iconic character.

Who is bitcoin whale Bart?

Last year, Bitcoin whales relying on technical analysis added a new weapon to their trading arsenal. 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?

Is Bart Simpson coin (Bart) underperforming the global cryptocurrency market?

With a price decline of -21.00% in the last 7 days, Bart Simpson Coin (BART) is underperforming the global cryptocurrency market which is down -1.00%, while underperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 1.00%. What is the market sentiment of Bart Simpson Coin today?