BTC inverted H&S + bull flag dont try to catch the bottom!
BTC current in bullish flag forming inverted head and shoulder patern. Two possible scenario’s
Scenario 1: BTC breaks true the 15K resistance and continues the bull run. (Doing the inverted H&S)
Scenario 2: BTC completes the bull flag and touches around 8K for quarter of a day(If you try to catch this you are gambling) after we will see the panic buy. This depends on how strong the whales can manipulate.
If you are planing to buy more btc it is really risky to catch the bottom. When btc hits 55K this buy zone will look really cheap.
Scenario 1: BTC breaks true the 15K resistance and continues the bull run. (Doing the inverted H&S)
Scenario 2: BTC completes the bull flag and touches around 8K for quarter of a day(If you try to catch this you are gambling) after we will see the panic buy. This depends on how strong the whales can manipulate.
If you are planing to buy more btc it is really risky to catch the bottom. When btc hits 55K this buy zone will look really cheap.