- update on this analysis:
- as expected the head and shoulders pattern on Bitcoin did not work out and acted as a bear trap
- with 5D volatility extremely low and with Trump stepping into the office in 3 days it is now highly likely we get a strong upside move
- confluence with usdt d. that is likely to retest its 2W star cross very soon
- as expected the head and shoulders pattern on Bitcoin did not work out and acted as a bear trap
- with 5D volatility extremely low and with Trump stepping into the office in 3 days it is now highly likely we get a strong upside move
- confluence with usdt d. that is likely to retest its 2W star cross very soon
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Disclaimer
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.