Hola everyone.
I hope you and your family are safe and maintaining through these weird times.
I'm sure you've all seen the SUPER BULLISH NEWS (US Treasury Secretary Steven Mnuchin Appoints Coinbase Chief Legal Officer to Oversee Banking System) (LiINK: dailyhodl.com/2020/03/16/us-treasury-secretary-steven-mnuchin-appoints-coinbase-chief-legal-officer-to-oversee-banking-system/)
Stock Market is continuing it's death plunge.
Fed is still printing the dollar into oblivion.
AND THEN THERE'S THE CHART THAT TELLS US HOW IT MAY PLAY OUT!
Right now -I believe we're in the process of forming a HEAD AND SHOULDERS BEARISH PATTERN -with 1:1 Gann Fan (Green) acting as support and NECKLINE.
Once we break through, I expect us to hit sub
4K -although just for a short time.
This will confirm a SUPER BULLISH DOUBLE BOTTOM pattern and we can all go back to being Bitcoin Cheerleaders.
What do you think?
I hope you and your family are safe and maintaining through these weird times.
I'm sure you've all seen the SUPER BULLISH NEWS (US Treasury Secretary Steven Mnuchin Appoints Coinbase Chief Legal Officer to Oversee Banking System) (LiINK: dailyhodl.com/2020/03/16/us-treasury-secretary-steven-mnuchin-appoints-coinbase-chief-legal-officer-to-oversee-banking-system/)
Stock Market is continuing it's death plunge.
Fed is still printing the dollar into oblivion.
AND THEN THERE'S THE CHART THAT TELLS US HOW IT MAY PLAY OUT!
Right now -I believe we're in the process of forming a HEAD AND SHOULDERS BEARISH PATTERN -with 1:1 Gann Fan (Green) acting as support and NECKLINE.
Once we break through, I expect us to hit sub
4K -although just for a short time. This will confirm a SUPER BULLISH DOUBLE BOTTOM pattern and we can all go back to being Bitcoin Cheerleaders.
What do you think?
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