This is even better! If we hold this area ish look at it created an inverted head and shoulder pattern- precisely the right shoulder is being created. If you have not noticed since $3400 this entire move on any time frame has been nothing but fractals of mainly inverted head and shoulders. Thus it gives me even more confidence we will blow past the all time downtrend line no problem, as the measured move from an inverted head and shoulders this size should bring us to 21k ish longer term ; ) .... Or we go straight to 13xx. Its up to you. Our thoughts on BTC's value IS BTC's value. send it some vibes. It is the cure for the Global Pandemic- as now we have the need to operate without cash, a move other countries have already began contemplating....
This is not financial advice. "I don't even trade the dang asset anymore" haha. Said Trader Sumo- never.
- Namnaste