As we can see in the 1D Bitcoin Graph, has been showing some consolidation, trying to test resistance two times and yesterday support was tested. I see clear consolidation here, and I still see that the Head & Shoulders is printing on the 1D graph. I spect that #BTCUSD will still testing resistance and maybe support these days, and then breakout to print the H&S. A price close candle below the support $29688 will cancel this idea/trade and the next price to expect will be $19247 if that happens we will see a panic sell that could send #BTCUSD price to 13k-15k levels. Definitely im LONG here, since im a HODLER, if you are planning to trade daily or very short term, you shouldn't take this as a financial advice. I do really expect to see #BTCUSD price going to 100k+ this year.
Later
Mayo.
BTCUSD
Later
Mayo.
BTCUSD
Trade active:
We can see that Bitcoin is close to finish the Head & Shoulders pattern, I expect that it will test the 200 MA in the next hours.