#Bitcoin don't want to go lower, feeling bullish #btc $btc

After the run to 14K, bitcoin chart printed huge inverted head & shoulders pattern which led to similar but way smaller sized inverted head & shoulders. In both times price peaked upside after forming a right shoulder. In first time however, it also lead the price dump step by step lower than the head itself. This time we saw similar peak up after the right shoulder and also some dumping after that, both in smaller scale, but not decrease below the head anymore. Could it actually be that only thing we were suppose to do was to buy bitcoin under 10K?

Commentaire:

Wow what a nuke down, maybe too fast too excited about claiming the 10K again

Trade fermée: ordre d’arrêt atteint:

Reminder to self before fomoing long to wait for the proper close above the channel. Wouldn't be surprised of a wick from here to 91xx, quick bounce to 97xx and then dip to 8xxx. Not very bullish anymore, hah, oh my goodness.