bitcointrader3764

27th Could Be The Day?

BITSTAMP:BTCUSD   Bitcoin
As per my last post asking why noone was talking about the possible H&S on BTC, I thought id mention two points of interest that might spark a debate. By the graph it would suggest that if it were to play out, it would be around the 27th December. This of course is the day before the futures close and with longs running at all time highs, it would make it close to the last opportunity for a squeeze. Ducks and row come to mind...although as previously stated...it could sinal a longer decline as the H&S would set a possible target of 3800 ish... Thoughts anyone?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.