Bitcoin Updated Thoughts BTCUSD
On the 4Hour chart we can see a double inverted Head and Shoulders formation, as seen in the first one these usually lead to the upside
On the weekly chart, inverting the price, an Adam and Eve pattern can be identified (Eve being more rounded compared to Adam)
I believe Bitcoin should push up and continue the rally for some time before the bears kick in
I am still in a neutral position on BTC.
On the weekly chart, inverting the price, an Adam and Eve pattern can be identified (Eve being more rounded compared to Adam)
I believe Bitcoin should push up and continue the rally for some time before the bears kick in
I am still in a neutral position on BTC.
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