


Redtail1980
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since Oct 27, 2017
btcusd
chartpattern
indicator
trendanalysis
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I feel we could see a bigger drop in the next 40 days before the halving. This would be in line with the drops we've seen before every other halving.
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Next few hours should be interesting - entry target $7,100
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If right, in the next 3-4 days BTC will complete an almost perfect H&S pattern, time wise. If BTC breaks support at $6,250 and again at $6,115 the H&S neck line formation will have broken, signaling bearish movement that could lead us to $5,800, $5,300 and $5,000, maybe $4,900 territory. Given the 9 ETF rejections, 4 this week and not much other BTC news, $5,000...
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