We’re approaching a weekly resistance (ichimoku red cloud) Bitcoin could drop significantly or move sideways for the next 6 month. I see us going back to around $5000 test it and make it an ultimate support and move up from there. I think we need a good drop for a good and solid bounce back.
I have also notcied what it looked like an Inverted Head and Shoulders in the making on the monthly BTC chart
If you agree with my analysis/prediction please like it. If you disagree please share your thoughts in the comment section. Thanks and good luck in your trading.
My previous Scenarios:
May 8th
May 7th
March 29th
I have also notcied what it looked like an Inverted Head and Shoulders in the making on the monthly BTC chart
If you agree with my analysis/prediction please like it. If you disagree please share your thoughts in the comment section. Thanks and good luck in your trading.
My previous Scenarios:
May 8th
May 7th
March 29th
