BillCharison

#BITCOIN - Locally bearish, but overall bullish.

COINBASE:BTCUSD   Bitcoin
Want to mark an important point - we're still bullish, but there are high chances of bearish week beginning. Why?

It is very easy to form H&S pattern on the current chart. All we need to do is to breakdown through the $7130 support and retest it from the bottom to the top (look at the chart).

H&S is one of the most common pattern and it is very easy to use it in order to motive the crowd to open a SHORT here. Then use their triggered stop losses and liquidations to gain more fuel on the way upward.

Our vision is still bullish.

Work in the team of Crypto Klondike.

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