lwils2169

Possible Head and Shoulder's Pattern for Bitcoin

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BYBIT:BTCUSD   None
This Bitcoin head and shoulders (H&S) pattern is developing now, but it mat well be invalidated if we pump within the next 2 hours. However, if this H&S plays out, we could see significant dumping here. One other signal for an upcoming dump is the Net Unrealised Profit and Loss, which is creeping dangerously close to the euphoria phase. Whether or not we see this H&S playing out here, a BTC dump is on the horizons.
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