Comparison with Nikkei.
1°) Bitcoin line of life will break and the market will create new lows. Higher probabilities
2°) Last chance for Bitcoin if the market decides to reproduce this scenario of the H&S Bottom without creating new lows.
This could happen if the Bitcoin structure rejected more lows and decided to produce the H&S bottom at higher usd levels than Nikkei did. Lower probabilities.
1°) Bitcoin line of life will break and the market will create new lows. Higher probabilities
2°) Last chance for Bitcoin if the market decides to reproduce this scenario of the H&S Bottom without creating new lows.
This could happen if the Bitcoin structure rejected more lows and decided to produce the H&S bottom at higher usd levels than Nikkei did. Lower probabilities.
Comment:
Trend change very likely atm
Comment:
Again, i rarely see anyone talking about it, but i will say it again, the 2 hours chart is actually very important to understand Btc moves
If a short squeeze happens, which is a possibility, then it could create a new bull market start.
Trying to be neutral with this market makes it beeing a possibility.
This is not the likely scenario, but there is still a possibility.
Always think you are wrong about a scenario, a prepare for other scenarii.