Bitcoin - Inverted Head & Shoulder Pattern.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello traders!
Here is a technical analysis of Bitcoin and what we might be looking for in the next coming days. As you can see from the chart, an inverted head and shoulders pattern ( bullish ) is currently under formation. I'll keep this idea updated to show the progress of this pattern and how Bitcoin price will react.

Please note that I don't trade Bitcoin and only use Bitcoin to transfer payments etc.
If you like the ideas that I post here on TradingView, please let me know by upvoting them :)

Many thanks and Good luck!

why so shy Bitcoin?
@AAlFadhala comment on this situation with btc, please
Advise how to trade alts properly when everything goes in the towards of the btc
Please update this idea. Thankyou
shhh, shes doing her hair.........
Shy..... :)
We will see what 's bring the BTC for 2018 I hope a lot of money but we must be also realist and see what 's happen with the world while the politic from the country 's are so different and also the Banks they 're loosing the power of money from the clients but they will also blokkade this while so they lost a lot om money. But it's also possible that the Banks also buy BTC and nobody now 's while it 's virtueel.!!!!!
I like your work.
Now we have good opportunity to buy more :)

+1 Reply
I fear there is a number of people peed off for missing out on bitcoin that are thinking that it will crash more and are waiting for it to be cheap enough to get in - creating a race to the bottom.
+2 Reply
it will test support at 12.5k if it falls, we will see it over sold to next support 8800-9500
it sucks but its true :( just HOLD and wait. once it hits 9k it will be very quickly back up to 20k
+3 Reply
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