Finally, after all the BTC highs, we have entered into a seller market within BTC !!!!
This solidifies BTC, for many years everyone was wondering what is the high, and for the moment it looks like 64,845 is the highest.
You'll notice that it did a BOS on the daily time frame and for the moment it may pull back but I only see that happing not past the 55000 area.
This is huge, I know y' all heard that BTC will pass 100K and I want to believe that as well but as of right now this is perfect for us day traders.
Seeing a Head and Shoulders on the weekly time frame and if it breaks the right shoulder it can go a heck of a lot lower.
Again this is only what I see, so please trade at your own risk.
Thank you.
Let me know if yall have questions regarding this topic.
This solidifies BTC, for many years everyone was wondering what is the high, and for the moment it looks like 64,845 is the highest.
You'll notice that it did a BOS on the daily time frame and for the moment it may pull back but I only see that happing not past the 55000 area.
This is huge, I know y' all heard that BTC will pass 100K and I want to believe that as well but as of right now this is perfect for us day traders.
Seeing a Head and Shoulders on the weekly time frame and if it breaks the right shoulder it can go a heck of a lot lower.
Again this is only what I see, so please trade at your own risk.
Thank you.
Let me know if yall have questions regarding this topic.
Comment:
I see this going to the 40,000 area but if H&S closes it's going lower but let's take that one day at a time.