Seems like everyone is pretty bearish in the short term for BTC, but I just spotted a potential inverted H&S.
Let me know what you think is going to happen! Are we entering another bear market? If we compare the current daily chart of BTC to past booms and busts, it does seem like we could be entering a bear market.
At this point, cryptocurrencies have become so popular, I can't imagine the bear market manifesting exactly like it has in the past.
This inverted H&S is present in almost every alt right now; eth, etc, ltc, eos, xrp .... It's supposed to be an reversal pattern but everyone is FUD now.