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DaBullishBear

$BTC reversal scenario

BTC Perpetual Futures Contract (BINANCE:BTCUSD.P)  
DaBullishBear  
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Trend Analysis Chart Patterns BTCUSD BTC BTCUSDT Bitcoin (Cryptocurrency) btclong BTCPERP
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trendanalysis chartpattern btcusd btc btcusdt bitcoin btclong btcperp
This is what needs to happen for bitcoin to reverse. It has to reclaim the 38k level, and would most likely do this with a reverse head and shoulders pattern.

I'm not saying this will happen, but this is what BTC needs to do if it wants to reverse. If you see this pattern forming, it would be time to long bitcoin again.
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