BTC H&S suggesting 17k in the near future
H&S pattern won't be validated until we see a break of the neckline, so we are purely speculating. Fib extensions suggest 15k, while a measured move suggests we breach 17k. Last bubble featured a bounce which ultimately failed 15% from the local top. 17k would also be roughly 15% from the previous top back in December. Coincidence?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.