Bitcoin
Long

Can Bitcoin making a huge Head and Shoulders Pattern?

201
Starting from 25 January 2021, it seems like Bitcoin is making a huge head and shoulders pattern.

It will test 40k at first (at least what I think) then will finish the right shoulder. And in terms of narrative it aligns too. We will follow the stock market until the election, there will be a crash just before or after election in stock market where we will see the 40k and while finally we feel the recession; BTC's value in terms of being deflationary will be noticed. Especially while we have the ETF and easy access for less tech-savy people.

But that is just an idea, a thinking out loud. Not a financial advice and do not trade on this.

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