Optimistically bullish scenario
Updated
BTC looks like it may be setting up an inverse head and shoulders pattern. If that scenario plays out, I would actually expect the monthly candle to close above the mid point of the log curve with bullish continuation. Now, this feels like a very optimistic scenario, but we can't count it out yet.
Comment
If I took the time to measure the bars, this would be exact. Looking for a run here to complete the pattern.Comment
So far so good.Disclaimer
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