Bitcoin collapse

Bitcoin is on its way to 70k this year... that's what you hear when Bitcoin goes up
But when it falls, they start telling you that it is on its way to 15k...

You should know that

🔸2023 is not a bull run

🔸2023 will be a year full of strong ups and downs as well

🔸 If you are 100% convinced that it is impossible to visit the bottom again and test it, or we may achieve a new bottom... then you should not trade in this market.

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🔸u can see clearly H&S pattern in daily chart...You will find Bitcoin breaking the neckline, but reclaiming it again


🔸for me the most likely scenario is to break the neckline again and trade below it and make it resistance. This makes Bitcoin targets come on 25500 and 23500

🔸This scenario is canceled if we maintain the neckline as support

iam waiting for the weekly close so i update this idea.

Comment:

in the history of CME GAPS - they have always been filled - the overall position isn't bullish at all - so i think this gap will be filled soon

Comment:

A very bad weekly close ... Closing below the neckline meaning our next target is 25500

Comment:

Hit 25800 as expected👀
Iam not feeling good with btc