BTC Inverse Head and Shoulders or Breakdown?

2 ก.พ.

In this video I cover Two opposing scenarios where on the ond hand, we're seeing a potential inverse Head and Shoulders on Bitcoin.

However, this looks weak to me and with the push higher on the DXY toward the 104 level, I suspect Bitcoin does drop lower and at least test the 38k support range near-term.

And then I think there's a strong argument that we'll even test the important 32k strong support / resistance leve which has not been tested as support yet.

What do you think?