BTCUSD - Failed H&S - Target 53500

It seems that big push to 65500 was just a trap, as expected.

We are still on track with my previous idea forecasting BTC to consolidate around 52000 to 54000 for the next 2 months, until July.

As you can see on the 2H chart, we experienced a failed inverse head and shoulder pattern. Price target is 53500 cents within the next 7 days.


Remember, patience is paramount.