Bitcoin / TetherUS

Bitcoin head and shoulders longterm

169
possible head and shoulders watch out. Don't forget on the weekly chart we have a massive support on bitcoin it's been going up like crazy. If the this is the start of the bear market, then we are likely to see resistance in the form of head and shoulders or shoot straight down if sentiment becomes pessimistic and us stock market decides to crash, it's hard to predict the future, but It's not looking good in the long term. I am not sure how much juice we have left to squeeze.. Remember BTC started going up like crazy after JPOW decided to BRRRR with his money printer. We are tapering. Taper finished in april. That's why I am leaning towards head and shoulders run cause we got a couple months left. but after the bond buybacks stop. I expect downtrend.

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