Head and Shoulders setup

3 mar 2023

Reasons:

• BTC needs to cool off
  
• S&P trying to do a trendline backtest and still has room to go
  
• In general, the VA Point of Control acts like a magnet
  
• BTC perpetual contracts are overwhelmingly LONG, so a long squeeze is an easy enough trigger
  
• The BTC fear and greed index hasn't registered fear in over 6 weeks