Short
BTC in for a big Correction

I see a head and shoulder forming.
Monday could be the start of a bad week for btc.
It's based on the H&S and the trendlines that keep pointing downwards instead of up.
The ones that go up are being broken all the time. I don't see another retest of 59k area.
But i believe 50K and even 41K will be tested.
Monday could be the start of a bad week for btc.
It's based on the H&S and the trendlines that keep pointing downwards instead of up.
The ones that go up are being broken all the time. I don't see another retest of 59k area.
But i believe 50K and even 41K will be tested.
Note
47K to be tested todayNote
43K tommorowNote
i hate to be right :(Note
Tbh i dont think we seen the bottom yet. A reversal i draw isnt likely going to happenNote
bottom 30k ? wow. i certainly hope soDisclaimer
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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.