$BTC - Daily HNS pattern played out like a textbook!

7 feb 2022

BTC climbing back to retest the HNS neckline breakdown from a few weeks back. We'll need some strong buying pressure here, as we're also approaching a heavy supply zone approx 45K levels... I'm bullish above 45K 🚀

It may get rejected at neckline, but that doesn't mean it's "doomsday" just yet lol

There's a lot of uncertainty in Global markets + Geopolitical pressures aren't peachy either... Since BTC and some other cryptos now identify as "Growth & Tech Stocks", keep an eye on correlations with SPY QQQ

If it does get rejected at Neckline - How far does it get pushed back down? How long before it breakout above 45K?

LMK your thoughts! 🙏