BTC TO 80K INV H&S 4HTF
BBTC/USDT is looking at breaking out of the neckline of the inverse head and shoulders located on the 4H time frame. The measurement of the neckline is 19.03% so I've used this measurement to gauge the potential movement of BTC to $79.664.
Keep in mind the last mega pump we saw was due to the same pattern playing out from
39K-43k gifted us a 67% price increase to 73k. So I believe that 80k is a rather conservative figure, considering the massive pump we had last time.
This trade could take place over the next 30-40 days when we look at how long the last move took to complete.
I would seriously consider taking a look at an entry points between the prices of
65K-67k when unusual volume starts to enter the market with bullish confluences.
Peace & Prosperity
-Kaia Tait.
Keep in mind the last mega pump we saw was due to the same pattern playing out from
39K-43k gifted us a 67% price increase to 73k. So I believe that 80k is a rather conservative figure, considering the massive pump we had last time. This trade could take place over the next 30-40 days when we look at how long the last move took to complete.
I would seriously consider taking a look at an entry points between the prices of
65K-67k when unusual volume starts to enter the market with bullish confluences. Peace & Prosperity
-Kaia Tait.
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