melandrm

melandrm

Just an idea that BTC might be forming an inverted Head and Shoulder pattern and if this plays out then we'll see BTC at least $200k in about a year from now!

melandrm

I believe BTC is going to repeat the history and revisit 5O MA on a monthly chart. BTC just had a monthly MACD cross down , the previous same down crosses I marked with red vertical lines and up-crosses with green lines.

melandrm

Looks like BTC is going through this channel. Let's see what's next $150k or $15k

melandrm

Time will show.

melandrm

if history repeats itself then we'll see btc at $180 2021-22