Still Learning but to me this looks like a possible IHS forming on BTC, but because I, just like everybody else wants this bear market to be over, makes me think maybe i am trying to see the reversal pattern when it may not in fact be there. TIme will tell I guess. Feedback really appreciated.
if it plays out... its not because of the H&s - this h&s breaks h&s rules. its can't be higher than the low before it. remember h&s is part of ew theory - lots of crypto TA experts on facebook and youtube dribble total shit and will tell you otherwise... but its not the case.
If it plays out its probably because of this:
If it plays out its probably because of this: