TradeClass

The BTC Scenario.. that so far... NO ONE IS TALKING ABOUT!

Short
KRAKEN:BTCUSD   Bitcoin
I correctly called the Double Top...
way back when EVERYONE else still thought it was a rising channel

Today...

I want to point out a TA pattern .. that again... NO ONE IS TALKING ABOUT...

We seem to be in a falling wedge!
And in Bull markets, these patterns break out... UPWARD!

I am NOT saying this is a for sure thing...
... but so many institutions are investing
and bulls have been stubborn...

For said reasons...
I could easily see a bounce off upper 16k..
Providing NO ONE panic-sells (otherwise we fall to 14k)
We would run back up for a classic Head and Shoulders

then....
we fall like a rock off a cliff.. LOL
to complete the H/S pattern
where to?

maybe 13k?
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