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mr_applepie
Jun 21, 2021 10:02 AM

BTCUSD - Head and shoulders forming? Short

Bitcoin / U.S. dollarBitstamp

Description



Looks like head and shoulders on a weekly chart. Also we just crossed 50 and 200 MA on daily chart which indicates stronger downwards pressure. If you didn't take profits on top you might as well enjoy the summer now and set limit orders accordingly.

I personally still believe 100k BTC is in the cards for this 2021. Time will tell..
Comments
CryptoidiotQ
100k btc is still in the cards, but it f this year is any indicator, so is legthening cycles. I'm looking for it in q1 or q2 next year. I also think we need to hit 19k to get there, and we may be on our way there finally.
mr_applepie
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