BTC channel retest and Inverted Head and Shoulders
BTC broke out from the long decending channel in January after a 30% pump. Currently price is retesting the long decending channel and printing an inverse head and shoulders pattern.
I expect side way consolidation to trap shorts and gain fuel for the next pump to 28k. The measured move of the inverted head and shoulders is 40k. But I can see price reaching 48k as predicted in previous ideas linked below.
March will finish green according to my idea linked below.
I expect side way consolidation to trap shorts and gain fuel for the next pump to 28k. The measured move of the inverted head and shoulders is 40k. But I can see price reaching 48k as predicted in previous ideas linked below.
March will finish green according to my idea linked below.
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48k this month
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