MajorBitcoinPayne

Possible inverse head and shoulders pattern on Bitcoin

BITSTAMP:BTCUSD   Bitcoin
If you look at the four hour you can see we have what seems like a continuation inverse head and shoulders pattern for Bitcoin. The RSI is coiled into a symetrical wedge and we will have an outcome soon in my opinion. i am leaning bullish because of how resilient bitcoin has been and the strong trend we have but we will soon find out. if we break down, ill be looking to buy the dip at 7.5k, if we go up i will buy at the 4hr or 6hr close confirmation.

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