Bitcoin Might be Heading to $29,000

This is a correction post from my previous post as Tradingview Ideas are uneditable & undeleteable after 15 minutes.

According to the price target of Head and Shoulders pattern in
Daily timeframe here, Bitcoin will inevitably hit $29,000.

There is also a rising wedge pattern that is forming right now.
Rising wedge is a bearish pattern. The broken bottom support
of the wedge will thus strengthening the idea of Bitcoin will soon
be taking a dip.

Please tighten your trailing stop if you're hodling.

Please also see my Weekly chart analysis.

Trade chiuso: obiettivo raggiunto