BTC Topping Pattern? Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ May 23, 2021 1:34 PM

Major Monthly support has now been broken. BTC looks toppy and a 50 month retest is due at some point. Targeting BTC to ~12k

⋅ Sep 29, 2021 8:11 PM

Still bearish BTC - looks to be making a perfect "Stock Bubble Chart" pattern. static.seekingalpha.com/uploads/2018/1/23/48558512-15167626365862508_origin.png

Comments

Leezz

⋅ May 23, 2021 1:52 PM

I think so too.. looks like its looking for a stronger support possibly 20k level or if thats not enough 13k . In the log chart i find it a bit more visible tradingview.com/chart/BTCUSD/0R6Sca5F-The-Future-Of-Bitcoin-The-Road-Ahead/. Nice post!