This was a repeated pattern, look at two circles. It look like it just increase the dominance of the BTC now. 44000 BTC was also withdraw from Binance. May be a bullish news.
This is my idea based on my knowledge, however, I do not propose to take a short but to save some part of the benefits. This is because the FOMO can increase the price even more than 65000.
Based on the repeated behavior and the channel it looks like we should wait for a price correction. However, news such as ETF approval can change the pattern and boost the price up to 40500$.
Here are my suggestions for the BTC. As you can see we are at a critical point that can determine the future trend of the market.
I personally think the market goes down a little bit (to the middle line) and then goes up.
Hope it helps you in your trading guys.
BINANCE:BTCUSDT
This is my idea about the future of BTC based on my knowledge. It will first complete the Pattern of head and shoulders and then break down to 29000 and then possibly to 19800.
