Bitcoin Behavioral Analysis
Updated
Price action recently created a corrective regular flat (double top pattern) on different time frames, this reversal pattern seems legit and likely to play out so far. The path that I labeled is just an idea of how this might go down.
BTC reversal will only come after Fed capitulate, and that would by year end, we need to see inflation really coming down, until then expect new lows.
regards:
Short low, take profit even lower.
BTC reversal will only come after Fed capitulate, and that would by year end, we need to see inflation really coming down, until then expect new lows.
regards:
Short low, take profit even lower.
Trade active
Note
Update: historically over the past 9 months stocks rallied on FOMC meeting day only to drop hard one day after it. Any rally on FOMC is shortable.
Was an incredible last 40 days for me, made the biggest chunk of money in my trading career yet.
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Note
Too early to get out of my shorts, 12k coming. Wouldn't be surprised falling below 10 k .Note
I bet this will hit ATHs once more .Note
aths is very likely . probably in 6 months
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