xtekky

BITCOIN... WERE ARE YOU GOING ?

Long
COINBASE:BTCEUR   Bitcoin / Euro
The Market was all red this afternoon but bitcoin held up his position by staying green today - I am still believing in the head and shoulder scenario I have shown before.

Here on the chart we can see:

- a small support that keeps bitcoin up
- lower day highs for the past week.

I think that bitcoin is for now not ready to get out of this zone, but if the support stays, we will (hopefully) see bitcoin shoot up to complete his second shoulder and then undergo a huge correction.

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Comment: well, my second scenario didn't go as planned, as I said in my previous post, bitcoin already formed its head and shoulder pattern December 2021 and crashed...

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