Triston27

BTCUSD is not forming a head and shoulders formation.

Long
COINBASE:BTCUSD   Bitcoin
Some people are saying that BTCUSD is forming a head and shoulders. This is false, in a head and shoulders formation both the shoulders are lower or higher than the head depending on wether or not it is a normal head and shoulders or an inverse one.

I’m not saying that we can’t go down and if we do I plan on buy some more at a lower price, I also think we will see $6,000 before we see $4,500 or lower.

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