Get started
OGFasool

Bullish Macro Inverse Head & Shoulders Structure On BTC Chart

Long
Bitcoin (COINBASE:BTCUSD)  
OGFasool  
COINBASE:BTCUSD   Bitcoin
Chart Patterns Head and Shoulders Fundamental Analysis Bitcoin (Cryptocurrency) crypto Cryptocurrency market Technical Analysis Bullish Patterns Ethereum (Cryptocurrency) cardano
2
0
chartpattern headandshoulders fundamental bitcoin crypto cryptocurrency market technicalanalysis bullish ethereum cardano
In display is an inverted BTC chart, showcasing a huge head & shoulders structure that has formed all the way from April.

Because the chart is inverted (upside down), this is a highly bullish macro structure, which coincides with my thesis that we're ready for our final major leg up in this Bitcoin market cycle.

Expect new ATHs very soon.

Shout-out to AllinCrypto for spotting this structure, go follow him on Twitter: @RealAllinCrypto.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.