Tolberti

Bitcoin - You haven't seen this before! (secret)

Long
Tolberti Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
  • You haven't seen this inverse head and shoulders pattern before! The price of bitcoin is going sideways, so I had to do more research and find something new. 
  • 30400 USDT is a profit target for the Head and Shoulders pattern, which is strong resistance. It's the measurement target of the HaS + previous symmetrical triangle point of control (POC).
  • The 5–10-year bear market is not confirmed yet, so do not fall for it! First, the bears need to break the 17500 USDT level to confirm this scenario. 
  • The stock market is crashing like crazy, but Bitcoin is extremely durable. So good, right? Or so bad, if you are in a short position. 
  • As per my Elliott Wave analysis, we have started the uptrend with an impulsive structure (9 waves), which is definitely a great sign, because 5-9-13-17 waves are impulsive, while 3-7-11-15 are corrective structures. An ABC correction of the previous impulse has also been completed successfully. 
  • Is this inverse head and shoulders pattern the last hope for the bulls? I think so.
  • Is this the last time we can purchase bitcoin for less than $20,000 USDT? Not sci-fi. 
  • Is a 5–10 year crypto winter possible for the crypto market? If we break below the 17500 USDT level, then yes.
  • Is it possible to get 3000 USDT per bitcoin? If we break below the 17500 USDT level, then it's actually very possible. 
  • Is Bitcoin a Ponzi? Yes!
  • I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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Comment:
Inverse Head and Shoulders is breaking out! HUGE, my new analysis:
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