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Bitcoin is not done yet
Bitcoin
Long
Bitcoin is not done yet
By JoE
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Updated
Jan 1
4
Jun 16, 2023
We are seeing a retest of the previous inverse head and shoulder pattern neckline.
A strong bounce would confirm the validity of the neckline support, also BTC.D is acting strong.
This could be a combination of a concentration of money into the Bitcoin and an effect of the upcoming halving event.
A great risk reward trade has presented itself and this might be the trade of the year.
Jan 1
Trade closed: target reached
Bitcoin (Cryptocurrency)
BTCUSD
BTCUSDT
Chart Patterns
Trend Analysis
JoE
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