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Bitcoin
Long
Updated

BTC/USD correction reversal (Inv H&S)

176
Objective Observations
  • No major fundamental attack
  • No catastrophic (systemic and critical) event
  • Downtrend pri
  • marily profit taking and secondarily news-driven since November (amplified by governmental regulatory discussions)

    Assumption
  • Big money front-running. Market being artificially suppressed.
Note
correction: Downtrend primarily profit taking and secondarily news-driven since November (amplified by governmental regulatory discussions)
blakemiles84
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Chart PatternsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTrend Analysis
blakemiles84
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.