ThinkLikeaWhaleTLAW

BTC Will Sleepy Joe Stimulus keep us above 55k? or H&S pattern

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Not financial advice.
There 2 different ways we can look at BTC right now.
It's either a head and shoulders pattern with retest of 48k or its gonna retest 52k .
Must stay above 55k to confirm black arrow direction.
Either way we end up Mid 60's to low 70's reguardless.
Personally I feel we will retest 52k .
We have to keep it close to 50k to keep the FOMO in full gear. Less than that will deter new people from entering.
That's just psycology added to the equation.
Definitely not rule . Just my own personal opinion.
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Trade closed: target reached:
The head and shoulders pattern still in play as of right now for bitcoin.
I have my doubts we crack 60k and expect 50% pullback ish.
Let me know if your interested in a long term trading strategy. Patience is required.

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