On the 1 day chart we can see bitcoin flew off the Fib , Made a Cup and Handle, and to me is looking like a reversal/crash to 16,500 is imminent (here within a few weeks/18 days give or take). However the oscillator shows it could just be getting started even if it does crash. What do you guys think? Is bitcoin headed for new highs or is this crash to 16,500 or lower imminent? Thanks!
Double top on the 1H / 4H chart and rejected by the 28.300 - 28.500 resistance area numerous times. Then again it's BTC and BTC does what hell BTC wants to do lol
DreamBIG90
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@hazzah, hahah right. I am Bitcoin I follow NO rules!
DreamBIG90
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@DreamBIG90, @hazzah Yeah Exactly why I put the opposite of what the metrics show. lol. BTC seems notorious for flipping the script , however At this point I dont see any turning back.
DreamBIG90
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@DreamBIG90, "Ponzi Schemes" actually work pretty well if you have a good product. ie. Bitcoin. Last ones a rotten egg...