Head and shoulders pattern is forming on the total market cap chart following a descending RSI and a divergence. It will do a correction to its support at $302B and immediately back to $318B as the bulls defend and the bull market will continue.
- This hypothesis supports my last idea about bitcoin correction to 9600
Analyses are NOT financial advice; DYOR
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Analyses are NOT financial advice; DYOR
Related publications
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.