Hello! So to start things off, bitcoin looks bullish and a lot. We pumped hard from 6.9k levels, but as of right now, we have not made a higher high in the macro, also we are in the overbought area in the 4H RSI too. I just wanted to say that, everyone is talking abou the inverse head and shoulders, but the more people know about certain pattern, the less likely it is going to succeed! I am not trying to spread FUD, this is just my opinion, but i think 6850 was not the low in 2020. I could be completely wrong, but this my opinion. If Bitcoin proves me wrong, I will change it!
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.