BTC HnS leading into equilibrium pattern
A few others on this forum have predicted that the recent HnS pattern in BTC could lead the price below the neckline, towards the 5K territory in the near term. This stretch agrees towards a longer term equilibrium pattern devloping in the BTC price. High of 20K, low of 3K, lower high of 
14K -> higher low of 5K, lower high of 10K, higher low of 7K. The volatility gradually decreases as the equilibrium pattern emerges.
This is also the time when long term bulls accumulate - in the hope that the price breaks out violently to the upside later on. So, looking at the timeline, the equilibrium pattern would evolve into mid-2020. It may take until 2021 for the next bull market to kickstart.
14K -> higher low of 5K, lower high of 10K, higher low of 7K. The volatility gradually decreases as the equilibrium pattern emerges. This is also the time when long term bulls accumulate - in the hope that the price breaks out violently to the upside later on. So, looking at the timeline, the equilibrium pattern would evolve into mid-2020. It may take until 2021 for the next bull market to kickstart.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。