LONG [BTC/USD] Inverse C&H formation? Bitcoin DROPPING to $5,000
Updated
The question now is: Is Bitcoin 6.04% forming an inverse Cup & Handle?
According to my analysis after breaking Target 1 @12K~ we might be seeing a big price drop. This Cup & handle has been forming for the past few months.
Let me know what you guys think.
According to my analysis after breaking Target 1 @12K~ we might be seeing a big price drop. This Cup & handle has been forming for the past few months.
Let me know what you guys think.
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Prediction was bang on!Keep in mind if BTC price drops below $5900, expect another downtrend to $~5,000~ levels (~%10-%20)
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