unaveragejoe

BTC oh BTC, which h&s do you see?

BITSTAMP:BTCUSD   Bitcoin
Seems like everyone is pretty bearish in the short term for BTC, but I just spotted a potential inverted H&S.

Let me know what you think is going to happen! Are we entering another bear market? If we compare the current daily chart of BTC to past booms and busts, it does seem like we could be entering a bear market.

At this point, cryptocurrencies have become so popular, I can't imagine the bear market manifesting exactly like it has in the past.

Anyone have thoughts on this?

Cheers and happy holidays!
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.