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bondibro
Feb 12, 2018 4:36 AM

BTC heading back under 8k - Short term Short

Bitcoin / U.S. dollarBitstamp

Description

I think btc is heading back towards 7800 shortly.
Comments
veltto_keksi
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.
b2020d
@veltto_keksi, 8000 would be sufficient for me :) and even that seems like unlikely
jamikr
Why , if it's inverted head and shoulders would it drop? No momentum?
bondibro
@jamikr, yes, seems to be stalling.
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