Ayer

BTCUSD -1D - Potential iH&S until the end of summer

BITSTAMP:BTCUSD   Bitcoin
Hello guys,

This is a totally hyptothetic idea about what could happen from now until the end of summer.. waiting for institutionals to be back in the game.

This is the idea of a POTENTIAL inverted head & shoulders. (maybe it wont happen at all)

Failing around 40k then back toward the SSB flat confluing with 0,618 fib of last wave.
If we find support there, maybe we could have a range until end of august, early september for finally breaking the 40k area.

Then retest of the previous range maybe because BTC will be facing the black line (strong resistance)

If the back line breaks... this is good

Again this is a purely imaginative scenario :)

Sorry for my english

Like if you appreciate

Bye
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