Bears sharpening their theeth
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Never risk more than you can afford to lose.
Always DYOR
In weekly time frame it seems that BTC is going to form a head anf shoulders and it is working very hard on right shoulder right now.
If all goes well and this H&S successfully finishes, then we may expect that BTC may crash down as much as its head to neckline, hence it may drop up to 20k supporr zone.
It is a little bit early to come to this conclusion, anyhow, as long as the pattern has not been completed this analysis is only an advance hypothesis so enjoy your bull run for the time being.
This is personal idea and I am not a financial adviser.
Never risk more than you can afford to lose.
Always DYOR
In weekly time frame it seems that BTC is going to form a head anf shoulders and it is working very hard on right shoulder right now.
If all goes well and this H&S successfully finishes, then we may expect that BTC may crash down as much as its head to neckline, hence it may drop up to 20k supporr zone.
It is a little bit early to come to this conclusion, anyhow, as long as the pattern has not been completed this analysis is only an advance hypothesis so enjoy your bull run for the time being.
This is personal idea and I am not a financial adviser.
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