On The 4h chart we have a double top. which will be validated if we confirm a break below the $9700 area. Price likely to fall to the $8500 area before finding a support? Zoom out to the 1d Chart we can see the left shoulder and head of what may be a H&S pattern. Can be confirmed after BTC breaks the $8500 support and sales volume comes in as BTC is trading around...
Cannot say I now where this is going but I feel that I can see something going on here. IF we have hit a bottom then is there no place but up? Not only that, but Where is the money flowing from? Im sure we all see the same things on Twitter, Bloomberg, CoinDesk.., etc. Maybe watch the same stuff on youtube, but does BTC have a trend or follow fundamental analysis?...
