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ChartProphet
Feb 28, 2021 3:09 AM

BTC Going Lower? I hope I am wrong... Short

Bitcoin / U.S. dollarBitstamp

Description

We have a head and shoulders + triangle pattern, hinting movement downward. $30-38k range possible. This is not trading advice!
Comments
Henry_Ross
Good work
Crypto_Rev_Fan
OMG... that's scary...
NoCreditsLeft
Wouldn't a pullback to 30K invalidate the Bull Market? a 40% retracement from 58K would be about 35K... So I guess it's possible. So many indicators saying there's more Bull left.
ChartProphet
@NoCreditsLeft, i'm still bullish overall.
Crypto_Rev_Fan
neyus
Need to reach 40k for a proper correction (30%)... It's been hitting just 20% correction a few times this past week but people kept buying... Tonight maybe the night.
ChartProphet
@neyus, Agreed!
ChartProphet
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