BrettFogle

BTC Inverse Head and Shoulders or Breakdown?

Short
COINBASE:BTCUSD   Bitcoin
In this video I cover Two opposing scenarios where on the ond hand, we're seeing a potential inverse Head and Shoulders on Bitcoin.

However, this looks weak to me and with the push higher on the DXY toward the 104 level, I suspect Bitcoin does drop lower and at least test the $38k support range near-term.

And then I think there's a strong argument that we'll even test the important $32k strong support / resistance leve which has not been tested as support yet.

What do you think?

23-year investor, trader, and early investor in Bitcoin & crypto.

For more information visit:

Moonstream Crypto: www.Moonstream.io/M3

Custom Indicators: www.CryptoMastery.org

Blood in the Streets Report:
www.moonstream.io/report
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.