Look out for confirmation of #Bitcoin $BTC inverted H&S
It is likely that Bitcoin has found a low that will last through the end of 2018. There will most likely be another leg down early next year to put in the low of the crypto bear market.
A level of BTCUSD $5650 would confirm an inverted head and shoulders pattern and create a tradeable uptick to BTCUSD $5870 or (much less likely) even as high as $6050.
A move to $6050 will probably only happen after support is retested around BTCUSD $5600.
A level of BTCUSD $5650 would confirm an inverted head and shoulders pattern and create a tradeable uptick to BTCUSD $5870 or (much less likely) even as high as $6050.
A move to $6050 will probably only happen after support is retested around BTCUSD $5600.
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