WTF Bitcoin- Crucial Trial Time- Pop or Drop?
WTF Bitcoin?
Looks positive, but a very big trial point for the coin.
Could pop or flop.
All the great news is bullishly comforting and other big players are suggesting bullish outcome. Equally, many people think BTC will drop. A nice Head & shoulders is forming (TBD).
Inverse Head & Shoulder hopefully pops to a resistance line of $11,700
Or
Or test $10800/$11000, get rejected
and drops down to $8800/$8500
The STOCH RSI is very similar to previous levels when it did a bull trap at $8200 to $9300 and then dropped significantly.
We shall see, we shall see.
