This is bad. If this H&S completes, it could lead is to 8k'ish
Look at this and sell before tomorrow.
We hit a local high thanks to the "halvening" meme. Now is the time for a correction before the "halvening". We'll first hit DMA200 then there will be a dead cat bounce, only to go back to 7k7 for max profits for our masters. Then when they are done milking plebs there will be a big long liquidation. You won't know when it happens. But I assure you that BTC won't...
If you look at the monthly, you can clearly picture what's going to happen. It's not rocket science. Figure 2 is figure 1's little sister. And it'll be complete in a few months when your money disappeared before the "halvening". Sure the price will be multiplied by 2 but it will be first divided by 2. Don't tell me nobody warned you.
China is pumping Bitcoin in order to sell high before their New Year. Be warned. The price is gonna touch DMA200 and dump right to ZMA200 below 5K.