bondibro
Short

BTC heading back under 8k - Short term

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I think btc             is heading back towards 7800 shortly.
I'm not sure why you would draw the inverse H&S, since the implications of it don't support your forecast. There's actually a larger (right way) H&S pattern from 8-11.2, which failed to break to downside. I don't think we'll go under 8k.
+2 Reply
bdavletov veltto_keksi
@veltto_keksi, 8000 would be sufficient for me :) and even that seems like unlikely
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Why , if it's inverted head and shoulders would it drop? No momentum?
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@jamikr, yes, seems to be stalling.
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