Bottomed out, during bottoms is when you see the most negative sentiment which is exactly what we’re seeing right now.
Backtest all the inverse head and shoulder patterns BTC formed and we’re in for an uptrend.
Looks even better on the 1 hr chart. Those channel lines are good spots to add more/double down.
1. Fundamentally strong company, Currently moving like a penny stock though due to its uncommon news & false rumors. 2. Looks like it’s ready to squeeze out of this channel. 3. Analyst have a bear $35 PT and a $60 PT. 4. Be patient, and don’t let the short sellers scare you.
1. We’re in an upwards Chanel overall as you can see. 2. We broke 2 similar resistance levels, bounced back at support for one of them. 3. Bull flags have a high probability win rate. 4. If you study BTC bull runs it’s obvious that the bull run isn’t over. 5. Inflation hasn’t even taken into effect yet! A reason why bitcoin is running up if because it’s a hedge...
1. Inverse head and shoulders have an 85% win rate. Do not challenge statistics. 2. Inflation hasn’t even taken into effect yet. 3. Institutions are still in. 4. Parabolic cycle isn’t over yet. 5. Don’t allow the healthy pullbacks to make you panic.
It’s always good to realize all the fear monger takes place during every song pullback. It’s how they make money off your clicks. BTC will continue to make higher highs and lower lows. Inflation hasn’t even taken into effect yet.
Inverse head and shoulders have an 85% win rate + stimulus checks are gonna buy the dip + Big banks are heavily invested. Don’t miss out, they make money off your fear and panic. They make money from the fear monger headlines in the news by your clicks. Don’t miss out! Bull run isn’t over.
1. Inverse Head and shoulders have an 85% win rate. 2. Broke through resistance, now acting as support. 3. Holding strong above the MA’s. 4. The new Stimulus package will spike another rally. 5. I might wait till the RSI is oversold to enter. There is no doubt that this wouldn’t rally all the odds are in its favour.