Lilalisa

BTC and a possible H & S?

Short
BITFINEX:BTCUSD   Bitcoin
Hello Friends, Traders a´nd Interested,

A quick update to BTC.

Into the 4-Hour Chart: The actual Bullrun seems to get weak and so I started to think, what might happen the next days.

As you can see in my chart, BTC might work on an H & S formation. This possible H & S could bring us again to the so often here on TV discussed 6.5 K Level. This would mark an important bottom level retest. From this point I do expect that the bullstable gates are wide open for a new and fast incoming ATH.

Lets wait and see, if this scenario might come.

Best whishes to all.

As always. no trading advice, just educational.

Trade safe and trade on your own risk.

Yours Sascha.

A Like and a Follow makes me happy.
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