Bit_Baron

Bit_Baron

Considering basic head and shoulder fundamentals, the head height to neckline is usually the target. In this case (blue mark) shows the head height of about 65k to 43k, this puts the neckline target (pink) form 43k to around 20-22k range. What supports this is the 200 weekly MA is close in that range (yellow circle). While this is still a bit of way down. with...

Bit_Baron Updated 

First time post so bare with me. I'm open to any critic, comments, advise so I can get better. Looking at the overall BTC performance on weekly chart, the last correction in 2018 took us down by around 80% and it took just over a year. The lowest price was around the same as the last support (marked in red line). If this was to repeat itself, and the current dip...