Spotted this H&S on USDCAD. Entered short 1.28350.
Bitcoin was the most amazing bubble in known human history, starting off from essentially $0 and topping out at $20000 with everybody and their grandmother trying to find the geek of the family to find out how to buy Bitcoin in exchange for shepherd's pie. Can you say.....REKT? :D Bitcoin surged on news of Chicago Mercantile Exchange CME introducing cash...
Bitcoin has found itself in another squeeze pcompression pattern. It will have to break either way. Personally, trading this range before breakout either way is dangerous and something I avoid doing.
Bear Market support levels in blue
Here are relevant btc support lines and areas. Please note a previous ATH not tested in the 1k range.
Bitcoin is literally 2 supports away from 2500 USD and going into a very long term bear market (in crypto time) If we can move higher we can rocket away!
Chart says it all, falling wedge pattern spotted which could complete an inverse H&S, who’s target is near 18k. Here we go!
My imagination of how btc might try to reach 20k
Here are some rough fib levels for where btc will bounce
BITFINEX:BTCUSD must make a decision, and quick! Which side are you on?
Time for what many are calling to be wave 3 of 3 on Bitcoin. BTCU
After BTC/USD dragged the entire market down after a strong bulltrend, LTC/USD looks primed and ready to go to new highs